Davis Michaelsen and Editor Brian Grete discuss this week's market action...
Soybeans expected firmer as soyoil, palm oil rally to record highs; corn mixed, wheat lower.
Soybean futures gained more overnight than they lost on Thursday, making new highs for the week. Wheat and corn also firmed.
Proposes to increase wheat loan 63% to $5.52 bu.; oilseeds by 40%; rice and pulse 21%
Ethanol prices jump sharply
Nearby corn climbs further toward 10-year highs on Chinese demand, weather concerns; soybeans and wheat lower.
Corn, soybean and spring wheat drought areas decline
Beef and corn export sales drop
Meat packer CEOs, put under oath, say no pact to drive up profits or limit meat supply.