date:Dec 03, 2012
ybean oil sales stand at 105 per cent of the USDA forecast vs. a 5 year average of 32 per cent. At this point, sales exceed the current USDA export estimate for the current crop year.
Wheat Futures Closed Lower
December Wheat finished down 6 3/4 at 869 1/4, 10 1/2 off the high and 4 1/4 up from the low. March Wheat closed down 5 3/4 at 885 1/2. This was 4 3/4 up from the low and 9 1/2 off the high.
Chicago and KC wheat traded lower into the closing bell on light profit taking following an exp