NEWS
Todd Hultman DTN Grains Analyst
Fri Oct 18, 2013 11:40 AM CDT

OMAHA (DTN) -- December corn is up 1/2 cent, November soybeans are down 4 1/4 cents, and December Chicago wheat is up 17 1/2 cents. Informa Economics estimated corn plantings at 91.7 million acres in 2014, down from this year's 97.4. Soybean plantings were estimated at 83.9 million acres in 2014, up from this year's 77.2 and a new record high. The expected shift is due to the better profitability that soybeans are currently showing and, if true, will give soybeans a bearish fundamental outlook for 2014-2015. However, it is still early and EPA has not yet made its decision ...

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