DTN Closing Grain Comments 05/21 14:00

DTN Closing Grain Comments 05/21 14:00 Soy Complex Recovers From Early Selling, But Fades Late After big selling pressure early Friday, the soy complex turned around and traded higher on the heels of a rally in soybean oil. However, that rally failed, with soybeans and products resuming their downward path by the close. Wheat and corn remained under pressure much of the day on improving weather and fund liquidation. Minneapolis wheat moved higher on disappointing rains for the Northern Plains. Dana Mantini Senior Market Analyst GENERAL COMMENTS: July corn closed down 5 cents per bushel, December corn closed down 5 1/2, July soybeans finished down 7 cents, with November down 7 1/4 cents. July KC wheat closed down 1 cent, July Chicago wheat finished down 1 cent and July Minneapolis wheat settled up 5 1/2 cents. The June U.S. Dollar Index is trading up 0.230 at 90.025. The Dow Jones Industrial Average is up 152.15 points at 34,236.30. June gold is down $2.50 at $1,879.40, July silver is down $0.43 at $27.64 and July copper is down $0.0700 at $4.4980. July crude oil is up $1.81 at $63.75, July heating oil is up $0.0252, July RBOB is up $0.0278 and June natural gas is down $0.016.