Wheat tumbles 5% as rain falls on dry wheat areas

Wheat tumbles 5% as rain falls on dry wheat areas

Corn pulled lower by wheat, soybeans weak (audio)

Wheat futures were sharply lower on Monday as rain fell on dry wheat areas of the central and southern Plains and more is forecast there this week. The drop in wheat pulled corn about 4 cents lower.

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

Corn pulled lower by wheat, soybeans weak

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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