DTN Closing Grain Comments 07/31 14:03
31 Jul 2019
DTN Closing Grain Comments 07/31 14:03 Selling Wave Sends Grains to New Lows Whether you blame end-of-the-month selling, nervous noncommercials or mild summer temperatures, new-crop contracts of corn, soybeans, and winter wheat suffered double-digit losses Wednesday, falling to new recent lows for all but the Chicago wheat contract. The September U.S. dollar index is trading up 0.25, even though the Federal Reserve reduced the federal funds target by 0.25%, as was expected.