DTN Closing Grain Comments 05/25 13:58

DTN Closing Grain Comments 05/25 13:58 Heavy Long Liquidation Sends July Corn Near-Limit Down In a wild market session, spot corn traded within a 45-cent range before moving to near-limit losses. Soybeans, pressured by a tanking meal market, also plunged, going from 16 higher early Tuesday to nearly 20 cents lower at one point. July soymeal traded to the lowest level since mid-December. Wheat fell to modest losses on the wet forecast for the Southern Plains. Dana Mantini Senior Market Analyst GENERAL COMMENTS: July corn closed down 37 cents per bushel and December corn closed 24 1/2 cents lower. July soybeans finished down 11 cents and November soybeans settled down 15 cents. July KC wheat ended down 10 3/4 cents, July Chicago wheat finished down 5 3/4 cents and July Minneapolis wheat settled down 2 cents. The June U.S. Dollar Index is trading down 0.203 at 89.635. The Dow Jones Industrial Average is down 37.80 points at 34,356.18. June gold is up $13.90 at $1,898.40, July silver is up $0.18 at $28.09 and July copper is down $0.0090 at $4.5165. July crude oil is up $0.06 at $66.11, July heating oil is down $0.0080, July RBOB is up $0.0008 and July natural gas is up $0.021.