date:Nov 01, 2012
r this morning. Soybean futures are posting firm gains at this hour on news that heavy rains are hindering the planting process in some soybean growing regions in South America. Prices are also being lifted by weakness in the dollar index.
USDA is scheduled to release its crop progress report this afternoon and the trade is expecting soybean harvest 88 percent complete. November soybean futures are trading 9 cents higher.
Wheat futures are trading higher this morning. Without fresh news to un