Soybeans charge higher and soymeal sets contract highs

Soybeans charge higher and soymeal sets contract highs

Corn advances while wheat markets are mixed. (audio)

Soybeans charged higher on Wednesday and are now higher for the week helped by strong gains in soybean meal, which set contact highs in the two lead months.
The gains in soybeans helped pull corn and winter wheat higher. Spring wheat was a fraction lower at midday.

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

Soybeans charged higher on Wednesday and are now higher for the week. (Photo: lukas_zb/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: Wheat
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