DTN Closing Grain Comments 03/08 14:06
8 Mar 2023
DTN Closing Grain Comments 03/08 14:06 Corn Prices Head Lower After WASDE Report; Soybeans, Wheat Mixed May corn fell 8 3/4 cents after USDA reduced corn's export estimate by 75 million bushels, while May soybeans ended up 2 1/4 cents with a slightly lower ending stocks estimate. Wheat prices were mostly lower with beneficial rains in Europe pressuring prices lower. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed down 8 3/4 cents and December corn was down 9 cents. May soybeans closed up 2 1/4 cents and November soybeans were down 2 cents. May KC wheat closed up 1 cent, May Chicago wheat was down 10 1/2 cents and May Minneapolis wheat was down 14 1/4 cents.