NEWS
DTN Daily Feedstuffs Comments
Thu Mar 5, 2015 11:31 AM CST

GENERAL COMMENTS:

Soybeans moved lower under pressure from a higher U.S. dollar reaching its highest point since 2003 and a lower Brazilian real, which is the currency of Brazil. The lower currency value in Brazil has encouraged farmers there to sell soybeans at a better value. U.S. farmers engaged late last week and earlier this week, but have since slowed selling as the cash price dropped. Soybeans closed down 18 1/4 cents in the May contract, at $9.94 per bushel, and down 17 1/2 cents at $9.96 3/4 in July. Corn futures were lower, but found underlying support from the ...

Quick View
Related News Stories
DTN Daily Basis Comments
When Grain Heats Up
DTN Plains, Prairies Closing Comments
DTN's Grain Quick Takes
DTN Plains & Prairies Opening Comments
USDA: 108,000 MT Sorghum Sold
DTN Plains, Prairies Closing Comments
Kub's Den