Soybeans higher after export sales and rain storms

Soybeans higher after export sales and rain storms

Corn down a few cents and wheat is steady. (audio)

Soybean futures are higher near midday on Thursday after USDA reported three export sales, two of which were to China.  Also being watched are rain storms moving through Iowa and Minnesota. The storms produced heavy rainfall overnight in
those areas and more rain is forecast today and tomorrow.
Corn futures are a few cents lower near midday and winter wheat markets are about unchanged.

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

Soybean futures are higher near midday. (Photo: phongphan5922/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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