date:Nov 22, 2012
ng in areas which could mean some acreage is actually shifted over to soybeans which could be considered a long term negative to the price trend. The USDA corrected yesterday's 20,000 soybean oil sale to an unknown destination from US origin, to optional origin.
Wheat Futures Closed Higher
December Wheat finished up 3 1/4 at 845, 4 3/4 off the high and 7 1/2 up from the low. March Wheat closed up 2 3/4 at 860 1/2. This was 7 1/2 up from the low and 5 off the high.
December Chicago wheat trade