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AgWeb Radio: Closing Commentary 10-19-11

14:11PM Oct 19, 2011

Bob Utterback of Utterback Marketing says corn was off 5 and soybeans off 25 at close. China's stastics are shhowing the slowest growth since 2009/ Concern that European situation could move to the US. Reports are coming in that soybean yields are better than expected. On corn extremely high basis tends to show a bottom is in.