NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu Dec 18, 2014 12:16 PM CST

GENERAL COMMENTS:

Soybeans closed higher with some support from the strength in the wheat market. There is still underlying pressure on soybeans from forecasts for good rains and near normal temperatures in the soybean growing region of Mato Grosso, according to DTN Ag Weather. Also adding pressure was the lower-than-expected agreement signed by China to purchase U.S. soybeans on Tuesday. January soybeans closed at $10.27, up 3 1/2 cents and March soybeans closed at $10.35 3/4, up 4 cents. Corn closed higher with talk that China agreed to reinstate U.S. DDGs and corn imports, but Syngenta said they still have ...

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