NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Tue Aug 5, 2014 01:17 PM CDT

General Comments:

Corn futures closed higher Monday as the trade expects the low prices this past month may create more demand. On Friday, corn closed at the lowest level "for a front-month contract since June 29, 2010," reported Dow Jones. The market is also concerned that the recent dry spell in some key corn growing areas may have lowered conditions and may have an effect on final yields. Monday after the close, the USDA said that corn conditions dropped from 75% good to excellent to 73% for the week ending August 3. Soybeans closed higher with little rain reported in ...

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