Corn, soybeans inch higher after bearish crop report: Podcast

China buys more soybeans, Saudi Arabia buys corn.

Corn and soybeans traded a little higher near midday on Thursday as the markets recovered a little of what they lost on Wednesday after USDA sparked selling with its larger-than-expected crop numbers.

Weekly export sales on Thursday were about as expected, with corn and soybean business down from a week ago and wheat higher.

Bob Burgdorfer of 

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