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Surge in global export business lifts wheat markets: Podcast

Corn market recovers, whereas soybeans are about unchanged.

A surge in export business lifted the U.S. wheat markets on Thursday. Much of the business will likely be non-U.S. wheat, but the increase in demand still supported the U.S. markets.

Corn futures were higher, rebounding from Wednesday’s drop, while soybeans were about unchanged after China and unknown destinations bought soybeans Wednesday.

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

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