NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Tue Oct 21, 2014 11:13 AM CDT

GENERAL COMMENTS:

Corn closed slightly higher as the market saw some short covering during the session. While corn harvest is still late but progressing, yield reports are not quite as high farther north as the trade was expecting. The USDA reported late Monday that 31% of corn was harvested as of Sunday versus the average of 53%. Soybeans closed lower Monday as forecasts for good harvest weather pressured prices as farmers will harvest what is expected to be a record crop this fall. DTN weather forecasts call for mostly dry weather in the Midwest and dry weather for the next ...

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