NEWS
DTN Daily Feedstuffs Comments
Tue Apr 28, 2015 11:53 AM CDT

GENERAL COMMENTS:

Soybeans were higher Monday as the market has changed its mind that corn acres may be replaced by soybeans. The USDA reported soybean seeding was 2% completed by the end of the week of April 26. Wet fields in Louisiana slowed seeding there and in the Midwest, the Corn Belt states of Minnesota and South Dakota were at 1% seeded. Adding strength to the market was the USDA reporting that 158,000 metric tons of soybeans were sold to unknown buyers for delivery in the 2014-15 crop year. Adding strength to soybeans was higher-than-expected export inspections of 11.5 million ...

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