DTN Closing Grain Comments 12/09 13:47
Soybeans Climb Higher Ahead of USDA Report
Bullish export news and anticipation that USDA will reduce its U.S. ending
stocks estimate in Tuesday's WASDE report helped January soybeans post its
highest close in 11 weeks. Bullish inspection figures from USDA also helped
March corn close higher Monday, but March Chicago wheat ended slightly lower,
still pressured by last week's estimate of record wheat production in Canada.
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