USDA Report Delivered a Strong Close

October 8, 2010 11:31 AM

 What a turnaround after last week’s close! Thanks to USDA’s reports today, November soybeans locked limit up at $11.35, up 78¢ from last week’s close. December corn closed on its high of $5.28, 50¢ above last week, and December wheat, at $7.19, up 64¢.

"Monday will be interesting, says Jerry Gulke of the Gulke Group. "Trading ranges increase so there’s a chance we’ll see an even bigger daily jump." 

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