NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Oct 24, 2014 01:16 PM CDT

GENERAL COMMENTS:

Soybeans closed at their highest price in one month on a surprising export sales report released by USDA Thursday. USDA said that for the week ending Oct. 16, private exporters reported sales of 2.17 million metric tons of soybeans, nearly double from the previous week's reported sales. The spike in prices may bring more farmers to market, selling soybeans as they continue with the high-yielding harvest and lack of storage space. The corn market was higher with support from soybeans and also from a higher-than-expected export sales number reported by USDA. For the week ending Oct. 16, USDA ...

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