DTN Closing Grain Comments 07/06 13:51
6 Jul 2018
DTN Closing Grain Comments 07/06 13:51 Soybeans Turn Higher, Catch Shorts Off Guard The old expression, "buy the rumor and sell the fact" was turned upside down Friday when November soybeans climbed 38 3/4 cents higher after the U.S. and China unleashed $34 billion of new tariffs each, including a 25% penalty on Chinese importers of U.S. soybeans. Corn and wheat also finished higher, as Friday's trading saw shorts go on the run.