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Soybean futures move lower after small export number: PodcastSoybean futures move lower after small export number: Podcast

Corn markets nearly unchanged as exports top forecasts.

Bob Burgdorfer 1

April 4, 2016

1 Min Read
Soybean futures move lower after small export number: Podcast

Soybean futures turned lower near midday on Monday after the U.S. Department of Agriculture reported weekly export inspections of 7.5 million bu.

While China was the largest destination for soybeans in that report, the quantity shipped to China was down from previous reports.

Corn inspections of 41.5 million bu. were up from a week ago and better than expected. Wheat inspections of 11.7 million bu. were within forecasts.

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