Wheat prices dip as Russia ponders cut to export tax

Wheat prices dip as Russia ponders cut to export tax

Corn about unchanged, soybeans higher (audio)

Wheat markets are lower on Wednesday following talk that Russia may lower an export tax on wheat.
Traders await comments due later today from the Federal Reserve’s two-day meeting.

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.

Wheat markets are lower on Wednesday.

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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