New-crop soybeans dip as crop tour results awaited: Podcast

Corn and wheat futures lower amid ongoing pressure from ample supplies.

The crop markets were mostly lower on Wednesday, with some pressure coming from lower oil prices and a higher dollar.

Also, with crop tours moving into Iowa and Illinois on Wednesday, traders awaited the reports on yields and crop health.

Crude oil is down after a government report showed that supplies increased in the latest week, while the dollar and financial markets await comments later this week from the Federal Reserve's annual meeting.

Bob Burgdorfer of Farm Fu

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