date:Jul 16, 2013
h soybeans on profit taking ahead of the weekend. Soybean oil continues to deal with its own set of bearish fundamentals with Argentina and Malaysian oil offers trading at a rather large discount to US oil. Furthermore, with the strong US crush and lack of exports, some expect to see a healthy US inventory of oil on Monday's NOPA report.
Wheat Futures Closed Lower
September Wheat finished down 2 at 681, 6 3/4 off the high and 2 up from the low. December Wheat closed down 2 3/4 at 693 3/4. Th