Basin Business Journal
July 31, 2014
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July 31, 2014 8:30 a.m.
Ag markets remained mixed at midsession Thursday
The USDA’s Export Sales report discouraged corn traders. The weekly export sales report indicated a disappointing total for old crop corn sales, although the new crop total easily topped forecasts. The former apparently grabbed the attention of traders, as indicated by subsequent CBOT weakness. September corn dropped 3.75 cents to $3.58/bushel in late Thursday morning trading, while December lost 3.5 cents to $3.68.