Reports of healthy corn and soybeans sink price

Reports of healthy corn and soybeans sink price

Beneficial rain moves through Midwest this week. (audio)

Corn futures set more contract lows on Wednesday and soybeans are sharply lower after USDA late on Tuesday said both crops are in mostly good to excellent condition. The wheat markets are lower, being pulled down by the corn and by reports of good yields in the winter wheat harvest.

Listen to the report using the audio link on this page.

Corn futures set more contract lows on Wednesday. (Photo: maciek905/Thinkstock)

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

TAGS: USDA Wheat
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