date:Aug 18, 2012
ed to shrink to extremely tight levels in 2013, and with the risk of U.S. production declining due to a historic drought, investors are maintaining bets on prices moving higher.
CBOT November soybeans ended up 20 1/2 cents, or 1.3%, to 16.45 3/4 a bushel.
Corn futures ended mostly unchanged but down for the week. The market has found a comfort zone, Mr. McCambridge said. The market is range-bound, with market participants content with current prices until crop production is solidified by harvest