NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Jun 27, 2014 11:55 AM CDT

General Comments:

The corn market was higher as weekly export sales numbers were higher than trade expectations. Weekly export sales of corn were higher than what is needed to stay on pace with USDA projections. The forecast for more rain in southern Minnesota where many fields are still under water was also supportive to new-crop corn futures. Soybeans closed at their highest price in two weeks on higher than expected export sales reported Thursday for the week ending June 19th. The trade expects that the USDA Monday report will estimate that soybean stocks as of June 1st are at their ...

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