Soybeans turns lower as string of daily export sales ends

Soybeans turns lower as string of daily export sales ends

Corn and wheat futures higher. (audio)

Soybean futures started higher but turned lower near midsession. For the first time in two weeks USDA did not announce a daily soybean export sale. USDA did announce a daily export sale of corn to Mexico.
Traders remain focused on Friday’s USDA crop report, which many believe will have USDA raising its production estimates for this year’s corn and soybean crops.

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

Soybean futures started higher but turned lower near midsession. (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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