NEWS
Darin Newsom DTN Senior Analyst
Mon Oct 21, 2013 01:02 PM CDT

OMAHA (DTN) -- Soybeans rushed to a new high late in Monday’s session, with the November moving within striking distance of its recent high of $13.05 3/4. Solid commercial buying continues to provide support, with gains in futures spreads and strengthening basis bids both being seen. Corn has ridden the coattails of soybeans to a rally of only 2 cents. Not surprising given the almost complete lack of interest in the market at this time. Wheat remains under pressure from commercial selling with most contracts down 6 cents to 7 cents. Outside commodities are mostly lower.

Posted 12:06 -- The ...

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