NEWS
DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Thu Dec 18, 2014 08:16 AM CST

Morning CME Globex Update:March corn was up 5 1/4 cents, March soybeans were up 7 3/4 cents, and March Chicago wheat was up 15 1/2 cents. Wheat prices continue to climb higher on news that Russia is restricting export certificates. At 8 a.m., USDA announced that 1.5 million metric tons (55.1 mb) of U.S. soybeans were sold to China for 2015-16. USDA also said that 126,000 metric tons (5.0 mb) of corn were sold to unknown destinations for 2014-15. 89,264 metric tons of hard red spring wheat were sold to Mexico for 2014-15 and another 22,316 metric tons for 2015-16.

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