Soybeans turn higher after lower start; corn and wheat are lower

Soybeans turn higher after lower start; corn and wheat are lower

Forecasts put rain in dry Brazil corn areas. (audio)

Soybeans turned higher near midday on Wednesday after a lower start, while the corn and wheat markets are lower after recent gains.
Forecasts put more rain in the Midwest today, which may slow spring planting, but clear skies are expected there Friday and Saturday.
Texas wheat areas receive rain today, while Kansas and Oklahoma are dry.
Weather maps favor moderate showers for Brazil’s corn areas of Parana and Mato Grosso, while the maps less rain amounts in Argentina’s soaked soybean areas.

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

Corn and wheat markets are lower. (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.

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