Commodities mixed to close the year

Commodities mixed to close the year

Soybeans trading higher to close the year on reports of diminishing crop conditions in southern Brazil and Argentina. January beans closed one cent higher at $13.28 and three quarters, March closed three quarters higher at $13.39 and a quarter, January bean meal closed $1.90 lower at $411.70, January bean oil closed 45 cents higher at $56.30. The market will be closely watching South American weather moving forward. Soybean meal has been trading lower on concerns of light feedstock demand.