DTN Grain Close: All Markets Higher on Weather Concerns
Corn, soybeans, and wheat all finished higher Thursday with concerns about excess rain hurting row crops from South Dakota to Wisconsin and adding to wheat quality concerns in Kansas and Oklahoma. USDA’s weekly export sales report added 3.6 million bushels of new soybean sales, putting more pressure on USDA to increase its export estimate for 2013-14.
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For those who spend a lot of effort trying to understand the grain markets and sometimes feel overwhelmed by the complexity of it all, you may want to sit down