DTN Closing Grain Comments 03/10 13:45
Grains Lower; China and USDA Disappoint
All three grains closed lower Monday, led by commercial selling in May
soybeans after China released weaker-than-expected economic data over the
weekend. USDA's WASDE report for March offered little for market bulls to cheer
about and only reduced the U.S. ending soybean stocks estimate by 5 million
bushels, a smaller reduction than many were hoping for.
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