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Market Matters
Todd Hultman DTN Grains Analyst
Mon Jun 23, 2014 07:45 AM CDT

Friday afternoon, I was preparing my presentation for the closing market video. I would finish, I thought, with a collection of yield anecdotes from this week's 2014 Kansas Wheat Harvest Reports and decided to highlight the soybean meal market in the first chart slide. In the 1:00 p.m. Quick Take, I wrote: "July soybean meal is on track to post its lowest close in nearly 13 weeks, raising larger concerns that China's demand for old-crop feed needs has pulled back." Friday had been a very quiet day and prices in the soybean complex had barely moved since 10 o'clock. It ...

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