DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Dec 19, 2014 12:53 PM CST


Soybeans closed higher, finding support again from the strength in the wheat market. Helping beans out were solid export sales reported by the USDA, and soybeans, meal and oil were all above expectations and all currently are above what is needed to meet USDA expectations for 2014/2015 crop year. January soybeans closed at $10.35, up 8 cents and March soybeans closed at $10.43 1/4, up 8 cents. The corn market closed higher thanks again in part to a stronger wheat market. USDA announced that private exporters had sold 126,000 metric tons of corn for delivery to unknown destinations ...

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