NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Tue Sep 30, 2014 10:46 AM CDT

GENERAL COMMENTS:

Corn futures were higher as reports of rain midweek in the Northern Plains and parts of the Midwest may stall harvest. The USDA reported Monday afternoon that 60% of the U.S. corn crop is mature, versus the 70% average with 12% harvested, versus the average of 23%. Soybean futures closed higher as traders bought in positions ahead of the USDA Report on Tuesday. While the supply and demand outlook for soybeans remains bearish, any deviation from expected totals in Tuesday's report could affect the market either way. The USDA reported Monday after the close that soybean harvest is ...

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