date:Jul 05, 2013
d vs. new crop calendar spreads were well supported throughout the session due to profitable cash crush margins across the Midwest and steady meal demand in the domestic market.
Export demand inquiries have backed off as Argentina supplies hit the market but the tight supply situation in the US is helping to offset.
Weather continues to be a wild card with reports of soybean growth that is well behind normal in the northwestern tier of the growing region. Weather conditions remain favorable fo