date:Jan 18, 2013
r at $7.29 per bushel. March soybean futures traded 5 cents lower at $14.31 per bushel, and March wheat traded 2 3/4 cents lower at $7.82. For March soybean meal futures, the contract traded $1.70 per short ton lower at $417.40. March soybean oil futures traded $0.28 cents lower at $51.03.
The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the lower overnight markets.
USDA released its Weekly Export Sales Report Thursday. The data helped t