NEWS
Todd Hultman DTN Grains Analyst
Fri Nov 1, 2013 08:39 AM CDT

OMAHA (DTN) -- After the 8:30 bell, December corn is down 1 1/2 cents, January soybeans are down 4 cents, and December Chicago wheat is down 1 1/2 cents. At 8 a.m., USDA announced that China bought 115,000 tons of U.S. soybeans and 33,000 tons of soybean oil were sold to unknown destinations. Also, Dow Jones reported that South Korea's Major Feedmill Group bought 55,000 tons of optional-origin corn and Korea's Feed Association bought 60,000 tons of corn from Europe. Grains are starting Friday lower with the U.S. dollar trading higher again for the sixth consecutive day.

(KA)

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