CBOT Firm In Tentative Trade Awaiting Biofuel Mandates and 1st Notice Day Postings vs December Futures

** The morning has been firm at the CBOT with the exception of soyoil, where some additional long meal vs short oil spreading has occurred. That spread is seen as the “poor man’s” way to position for ongoing Argentine and Southern Brazilian weather problems. Argentina is the world’s largest soymeal and soyoil exporter, but a…