In the grain complex, what started as a strong bull faded before days end as beans closed well off their highs and corn actually turned negative to close down 4.75 cents in Dec12 to $7.51.
FCStone released its November crop survey with corn yield at 124, production at 10881; bean yield 39.1 and production at 2959.
We look for corn to open 1 to 2 cents lower and beans 8 to 10 lower.
Block cheese: $2.11 (unchanged)
Barrel cheese $2.00 (unchanged)
Butter: $1.89 (down 0.75 cent)
Grade A NFDM: $1.56 (unchanged)
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