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DTN Closing Grain Comments 06/02 13:49

2 Jun 2016
DTN Closing Grain Comments 06/02 13:49 Soybeans Rocket Higher July soybeans and meal closed sharply higher, propelled by strong commercial demand and accompanied by audible cries of "uncle" from bearish speculators. Wheat prices also closed higher Thursday with some short-covering of their own and while flooding remains a problem in Texas.