NEWS
Todd Hultman DTN Grains Analyst
Thu Jun 12, 2014 12:59 PM CDT

OMAHA (DTN) -- As we near the close, July corn is up 3/4 cent, July soybeans are down 34 1/4 cents, and July K.C. wheat is down 1/4 cent. The main action on Thursday continues to be commercial selling in old-crop soybeans, a fairly clear indication that price rationing has worked and commercials are no longer concerned about obtaining supplies this summer. Outside of grains, July crude oil is on track to post a new contract high with growing concerns about fighting in Iraq and the national government's failure to hold its oil fields.

Posted 11:52 -- July corn is ...

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