DTN Closing Grain Comments 11/17 13:58
17 Nov 2021
DTN Closing Grain Comments 11/17 13:58 End User Buying in Soybean Meal Continues; Grains Higher January soybeans closed up 25 3/4 cents to a new one-month high and December soybean meal was up $7.20 with its bullish premium over March indicating aggressive bidding for meal supplies by end users. Corn and all three U.S. wheats returned to their bullish trends Wednesday. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: December corn closed up 4 1/4 cents and March corn was up 4 cents. January soybeans closed up 25 3/4 cents and March soybeans were up 25 cents. March KC wheat closed up 13 3/4 cents, March Chicago wheat was up 13 cents and March Minneapolis wheat was up 13 1/2 cents. The December U.S. Dollar Index is trading down 0.07 at 95.85. The Dow Jones Industrial Average is down 224.66 points at 35,917.56. December gold is up $12.90 at $1,867.0, December silver is up $0.14 at $25.08 and December copper is down $0.1510. December crude oil is down $2.46 at $78.30, December heating oil is down $0.0679, December RBOB gasoline is down $0.0706 and December natural gas is down $0.358.