NEWS
Todd Hultman DTN Grains Analyst
Thu Jan 16, 2014 08:37 AM CST

OMAHA (DTN) -- After the 8:30 bell, March corn is up 2 1/4 cents, March soybeans are up 4 3/4 cents, and March Chicago wheat is up 1 cent. At 8 a.m. CST, USDA announced that 465,500 metric tons (17.1 mb) of soybeans were sold to China, 405,500 tons (14.9 mb) of which were for 2014-15. USDA also said that a previous sale of 126,000 metric tons (5.0 mb) of corn was cancelled. USDA's weekly export sales figures at 7:30 a.m. were bullish for soybeans and wheat, but neutral for corn.

(KA)

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