Soybeans charge higher as exports overshadow big crop

Soybeans charge higher as exports overshadow big crop

Corn futures rise, wheat is mixed. (audio)

Soybeans futures are up about 25 cents near midday as traders appear to be focused on the robust export sales of the past two weeks rather than the record harvest of 4.06 billion bushels that USDA forecast on Friday.
Corn futures moved higher with soybeans, while wheat futures were mixed. Record higher equity markets and a weak dollar added support.
 

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

Corn futures moved higher with soybeans, while wheat futures were mixed. (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.

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