DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu Oct 30, 2014 02:00 PM CDT


Soybeans moved higher for the third day this week with help from the soymeal futures which posted large gains along with sharp gains in soy oil. Soybean meal supplies are tight due to the long harvest preventing crushers from accessing enough supply to make meal. With old-crop supplies nearly gone in September, crushers have had to rely on the slow pace of new-crop beans reaching their plants. The corn market closed higher with support from the other markets, but also helped itself on reports that yields in the Upper Midwest may not be as high as expected. Even ...

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