After trading up to $8.38 around NOON, corn sold off, hitting $8.30 less than one hour later. After the Fed minutes were published prices recovered to close at $8.35.
Closing Prices (per bushel unless otherwise stated)
|Aug 2012||Soybean Oil (Metric Ton)||$56.1500||+0.5800|
|Aug 2012||Soybean Meal (Metric Ton)||$536.2000||-7.4000|
Afternoon Commodities Report from Allendale
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