Soybeans advance after big crush, export news: Podcast

Corn trades a few cents lower as farmers sell harvested supplies.

Soybean futures traded about 8 cents/bu. higher near midday Monday following supportive export news in the morning and from late last week.

Weekly export inspections on Monday were much larger than expected, and the September crush numbers released by the National Oilseed Processors Assn. on Monday also topped forecasts.

Corn futures traded about 2 cents/bu. lower, with grain dealers noting that farmers are selling some of their crop as harvest progresses. Wheat markets were a little higher.

Bob Burgdorfer of Farm Futures reporting. Farm Futures is a sister publication of Feedstuffs.

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