DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Mon Oct 20, 2014 02:06 PM CDT


Corn closed lower Friday as the market anticipated good harvest progress over the weekend. Informa predicted that farmers will plant 87.8 million acres of new crop in 2015, up 496,000 acres from their previous estimate but 3.1 million fewer acres than last year. The DTN average cash corn price ended the week 12 cents higher from one week ago Friday and the basis was 1 cent weaker. Soybeans closed lower as harvest progress continues with the trade expecting the USDA to show at least half of the soybeans harvested in Monday's crop progress report. The market continues to ...

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