DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Wed Jun 11, 2014 10:20 AM CDT

General Comments:

Corn futures fell for the eighth time in nine sessions Tuesday as the trade looks ahead to the USDA report on Wednesday with expectations that the estimate for stocks in the next crop year will rise. Also pressuring corn is China's refusal to allow imports of DDGs containing MIR162 genetically engineered corn variety and that the oversupply of DDGs in the U.S. will displace corn in feed rations. Soybeans closed higher, anticipating that the USDA may lower its estimate for ending stocks prior to the next harvest. Old-crop soybean supplies have tightened and traders feel that there will ...

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