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DTN Closing Grain Comments 01/26 13:39

26 Jan 2023
DTN Closing Grain Comments 01/26 13:39 Soybeans, Soymeal and Wheat Lead Grain-Soy Complex Higher Thursday trade began the day with solid gains and ended with each market closing convincingly higher. Soybeans and soymeal have made a big recovery from early weak fund selling, and wheat and corn markets are also on the rise on weather concerns, with KC wheat soaring. Dana Mantini Senior Market Analyst GENERAL COMMENTS: March corn closed up 7 3/4 cents per bushel and May corn was up 6 3/4 cents. March soybeans closed up 21 cents and May soybeans were up 18 1/4 cents. March KC wheat closed up 21 1/2 cents, March Chicago wheat was up 11 1/4 cents and March Minneapolis wheat was up 5 1/4 cents.