NEWS
Todd Hultman DTN Grains Analyst
Mon May 12, 2014 09:49 AM CDT

OMAHA (DTN) -- July corn is down 8 3/4 cents, July soybeans are down 20 1/2 cents, and July K.C. wheat is down 14 1/2 cents. Soybeans have turned lower since 8:30 with commercial selling, a bearish surprise after Friday's bullish USDA report for old-crop soybeans. USDA's new-crop estimates were bearish for both, corn and soybeans on Friday with Monday's ten-day forecast looking drier, more favorable for planting where soil temperatures are warm enough.

Posted 08:42 -- After the 8:30 bell, July corn is down 5 3/4 cents, July soybeans are down 5 1/4 cents, and July K.C. wheat is ...

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