Soybeans higher after another sale to China: Podcast

Corn markets are flat, and winter wheat is lower as traders await USDA report.

Soybeans were a few cents higher at midday Thursday following a bullish weekly export sales report and following another big sale to China. Traders remained focused on harvest weather in the Midwest and on Friday’s U.S. Department of Agriculture stocks report.

For the weather, Iowa should be dry for the next few days, which should allow combines in the fields after being sidelined by rain last week.