date:Jun 12, 2014
, and you've got no threats of weather. And China decided not to take DDGs any more. You are being hit on all fronts right now, said Jim Gerlach of A/C Trading in Fowler, Indiana.
Soybeans bucked the weak trend. July soybeans settled up 5-1/2 cents at $14.62-1/2 per bushel on short-covering ahead of USDA's June supply/demand report. Some analysts expect USDA to lower its US 2013/14 soybean ending stocks forecast from its May figure of 130 million bushels, already a 10-year low. The average est