date:Aug 02, 2013
official estimate from the Russian Ag Minister is no less than 50 million. Strong demand for soft wheat from China and hard wheat from Brazil continues to underpin the supportive demand-side sentiment in the market.
The KC basis was steady midday but traders noted a pickup in farmer sales as they become more comfortable with planting conditions for next year's crop due to increased precipitation in the western US.
September Oats closed up 2 1/4 at 340 1/4. This was 1 3/4 up from the low and 1