date:Aug 16, 2013
off the high and 0.09 up from the low.
Soybean futures traded higher on the day after briefly probing into negative territory overnight and early this morning. Spreads were steady to higher with CIF bids edging up for nearby shipment. Meal traded higher while oil finished lower on the day.
Temperatures were not ideal for crop development overnight with lows in the mid-40's and low 50's for major growing regions.
Temperature profiles will ratchet higher into the weekend and next week. The 7-10