DTN Closing Grain Comments 07/08 14:03
8 Jul 2020
DTN Closing Grain Comments 07/08 14:03 Winter Wheat Rallies, Shorts Run for Cover What was described as a small bullish surprise in Tuesday's closing market comments turned into a larger bullish surprise Wednesday as September contracts of Chicago and KC wheat closed up 21 1/4 cents and 16 cents, respectively. Weather, a lower U.S. dollar and traders caught with ill-timed short positions all contributed to Wednesday's higher wheat prices.