DTN Closing Grain Comments 08/17 13:49
17 Aug 2020
DTN Closing Grain Comments 08/17 13:49 Row Crops Rally; Wheat Bears Run For Cover New-crop contracts of corn, soybeans and all three U.S. wheats closed higher Monday with little rain expected across the central U.S. the next 10 days or more. The wheat harvest will actually benefit from the dry conditions, but bearish funds were pressed to cover shorts Monday as wheat prices showed bullish influence from corn and a lower U.S. dollar.