Soybeans higher after another sale to China

Soybeans higher after another sale to China

Corn flat, winter wheat lower as traders await USDA report. (audio)

Soybeans are a few cents higher at midday following a bullish weekly export sales report and following another big sale to China. Traders remained focused on harvest weather in the Midwest and on Friday’s USDA stocks report. For the weather, Iowa should be dry the next few days, which should allow combines in the fields after being sidelined by rain last week.

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

Soybeans are a few cents higher at midday following a bullish weekly export sales report. (Photo: whyframestudio/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
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