Soybeans retreat from recent big gains

Soybeans retreat from recent big gains

Corn and wheat are slightly higher. (audio)

Soybeans are about 8 cents lower near midday on Wednesday as the market retreats a little from the big gains on Tuesday.
Corn and wheat are a little higher as frost and rainy weather have raised some concerns for those crops. Emerged corn in Minnesota and Iowa is watched for damage after scattered frost there early this week.

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

Soybeans are about 8 cents 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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