date:Jan 04, 2013
marketing year seemingly did little to boost the market.
Ultimately, news of favorable South American weather, which sustained expectations for large Brazilian and Argentine crops, probably dragged the bean market downward. The fiscal cliff deal may also support the soy complex this morning. January soybeans fell 5 1/4 cents to $14.18 3/4 per bushel; soybean oil gained 0.22 cents to 49.16 cents/pound, but January meal tumbled $7.1 to $420.6/ton.
The wheat market proved decidedly mixed on the