NEWS
Todd Hultman DTN Grains Analyst
Tue Aug 12, 2014 12:53 PM CDT

OMAHA (DTN) -- As we near the close, December corn is up 1/4 cent, November soybeans are down 12 3/4 cents, and September Chicago wheat is down 5 cents. With traders failing to see a corn yield of 170 bushels or higher in Tuesday's USDA estimates, it will be interesting to see how corn prices respond in the days ahead. If the market concludes that the corn yield is still above 170 and USDA was too cautious Tuesday, December corn prices are apt to remain under bearish pressure. Pro Farmer's Crop Tour may draw extra interest in 2014.

Posted 12:15 ...

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