DTN Closing Grain Comments 02/15 13:49
15 Feb 2023
DTN Closing Grain Comments 02/15 13:49 Soybeans, Soymeal, Chicago Wheat Lead Ag Markets Lower Following Monday's bearish chart signal and the advancing Brazil soybean harvest, March soybeans and meal cratered Wednesday. Some rains, although not enough to bust the drought, are falling in Argentina. Corn and wheat markets also slid lower on profit-taking and more moisture headed for Argentina and the Southern Plains. Dana Mantini Senior Market Analyst GENERAL COMMENTS: March corn closed down 6 cents per bushel and May corn was down 5 3/4 cents. March soybeans closed down 11 3/4 cents and May soybeans were down 10 1/2 cents. March KC wheat closed down 11 1/2 cents, March Chicago wheat was down 16 3/4 cents and May Minneapolis wheat was down 8 cents.