Soybeans charge back above $10 ahead of election, USDA report: Podcast

Wheat is higher after dry conditions stress hard red winter fields.

Soybeans were back above $10 a bushel on Tuesday following recent export business and higher vegetable oil markets. Corn and wheat also were higher with wheat supported by some declines in the condition of hard red winter wheat in the central Plains.

Traders remained focused on the election and tomorrow’s USDA report.

Equities were higher with the Dow Jones industrial average up about 80 points. The dollar was down slightly.