date:Jul 16, 2013
es extended into the end of the session on a more favorable weather outlook into next week and into late July.
The July contract had an extremely wide and volatile range today as it expired. The eastern Corn Belt soybean basis fell like a rock with some indicating increases in farmer sales. Cash crush margins remain very healthy for central US processors with NOPA crush being reported on Monday. Many traders expect to see a strong pace of crush for these reasons.
Meal and oil traded down wit