AG POLICY NEWS
DTN's Quick Takes
Mon May 12, 2014 10:15 AM CDT
Grains

Posted 09:50-- July corn is down 8 3/4 cents, July soybeans are down 20 1/2 cents, and July K.C. wheat is down 14 1/2 cents. Soybeans have turned lower since 8:30 with commercial selling, a bearish surprise after Friday's bullish USDA report for old-crop soybeans. USDA's new-crop estimates were bearish for both, corn and soybeans on Friday with Monday's ten-day forecast looking drier, more favorable for planting where soil temperatures are warm enough.

Posted 08:42--After the 8:30 bell, July corn is down 5 3/4 cents, July soybeans are down 5 ...

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