DTN Closing Grain Comments 11/16 13:40
16 Nov 2016
DTN Closing Grain Comments 11/16 13:40 Greenback Turns Green Grains Red The move to a new 13-year high by the U.S. dollar index quashed an early rally by grains, keeping the complex under pressure for much of the day and corn near session lows at the close. The U.S. dollar index continues to gain momentum on ideas an FOMC interest increase is almost guaranteed in December, with more to come in 2017.