date:Feb 10, 2014
Wheat saw a boost from concerns of winter kill. The Midwest saw heavy snow followed by frigid temperatures. The snow provided a blanket to the winter wheat crop. Yet, in some parts of the southern plains snow cover is lacking.
Soybeans saw support from higher soybean meal prices as supplies are tight, along with good export sales.
Dry conditions have moved into Brazil causing concerns. Soybean basis saw a drop due to increase producer selling.
Corn saw five straight days of gains, its highest