Soybeans lower despite more sales to China: Podcast

Corn futures lower, spring wheat higher.

Soybean futures were lower near midday Thursday after sales cancellations resulted in a net reduction in USDA’s weekly export report. However, in daily reporting China bought more soybeans, the second purchase in two days.

Corn futures were about five cents lower and wheat markets were mixed with spring wheat a few cents higher.

Bob Burgdo

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