date:Dec 24, 2012
y in the industry are almost surely going to stay home much of next week, so they are likely taking profits on short positions today. Ideas that the market was also due for a technical bounce may have sparked buying as well. March corn rose 4 1/2 cents to $7.01/bushel and December advanced 3 1/4 cents in overnight trading.
Thursday morning the USDA reported that China had followed Tuesdays cancellation of 300,000 tonnes of soybean exports by cancelling another 540,000 tonnes from private source