Soybean futures move lower after small export number

Soybean futures move lower after small export number

Corn about unchanged as exports top forecasts (audio)

Soybean futures turned lower near midday on Monday after USDA reported weekly export inspections of 7.5 million bushels. While China was the largest destination for soybeans in that report, the quantity to China was down from previous reports. Corn inspections of 41.5 million were up from a week ago and better than expected. Wheat inspections of 11.7 million bushels were within forecasts.
 

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

Soybeans futures turned lower near midday.

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.

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