date:Dec 24, 2012
uary beans rebounded 13 cents to $14.21 3/4 in early-morning activity, while January soybean oil jumped 0.68 to 48.59 cents/pound and January meal inched $2.7 higher to $430.4/ton.
Despite a supportive result on the weekly USDA Export Sales report, wheat futures dropped rather sharply in concert with corn and soybean futures Thursday. We pointed out yesterday that wheat seemed unlikely to sustain a significant advance until corn and soybeans find their footing, so it is not at all surprising to