NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu Aug 27, 2015 12:15 PM CDT

GENERAL COMMENTS:

Soybeans moved lower, unable to sustain gains from the day before and moved to a 6 1/2-year low. With the China economy in turmoil and expectations that U.S. farmers will harvest a large crop, fears of a demand slowdown amidst large supplies pressured the market. The weakness in the soybean oil market, thanks to the continued fall in crude prices and lower palm oil prices, also pressured the soybean complex. The continued loss in the crude oil market is bearish for biodiesel makers who are already seeing poor blending margins. The stronger U.S. dollar didn't do the market ...

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