NEWS
DTN's Quick Takes
Tue Feb 19, 2013 12:31 PM CST
Grains

OMAHA (DTN) -- The soybean market has moved to another new high for the day with the nearby March trading almost 50 cents higher to $14.74 1/4. Solid commercial buying continues to be seen with the March-to-May inverse strengthening by about 4 cents while the May-to-July firms another 2 1/2 cents. South American weather and renewed Chinese buying interest have helped spark the rally. Wheat contracts continue to show double-digit losses on increased noncommercial selling. Corn remains quiet, down about 6 cents on spillover pressure from wheat.

Posted 11:52 -- ...

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