Yellow Soybeans 1 cent higher. Wheat and corn bids were slightly higher but soybean bids plummeted for the fourth consecutive day. Improved export interest this week offered some strength to wheat bids.
Traders seem optimistic about the pick up in exports and hope for higher prices.
Good winter wheat weather is limiting gains. Corn bids showed some firmness due to the recent drop in temperatures across the Corn Belt as frost was reported in places. Harvest progress and dry weather, however, kept advances down. Soybean bids fell sharply again, as good harvest weather and some fund selling on the Board undermined bids. The substantial overnight export sale of soybeans offered light support.