Basin Business Journal
July 25, 2014
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July 25, 2014 10 a.m.
Ag markets remained quite mixed at noon Friday
Corn futures dipped along with soy prices Friday morning. Large fall harvest prospects are exerting general pressure on the corn market, but concurrent slippage in the soy complex is also weigh on grains today. A late statement from the U.S. Grains Council argues that China’s forthcoming rule on DDG imports is unworkable; that may also be weighing on prices. September corn dipped 1.25 cents to $3.6025/bushel around midsession Friday, while December sagged 0.5 cent to $3.69.