date:Jan 06, 2013
.15 a bu last week, up nearly 18% but again well below the September highs near $18 a bu. Unlike corn, the high prices had little impact on demand for limited U.S. and global soybean supplies with marketing year-to-date export sales through mid-December running 31% ahead of the same period a year earlier. Greater impact is expected to come later in the first quarter of 2013 as the harvest of a forecast record-large crop begins in South America.
Wheat futures prices (Kansas City hard red winter,