DTN Closing Grain Comments 03/13 14:02
13 Mar 2023
DTN Closing Grain Comments 03/13 14:02 Row-Crop Prices End Lower After Bank Concerns Erupt; Wheat Holds Firm May corn was down 3 3/4 cents and May soybeans were down 15 3/4 cents Monday, pressured by traders concerned about the second largest bank failure in U.S. history and the impact it might have on the economy. May contracts of all three wheats ended higher, one of the advantages of not having much exposure to specs on the long side of the wheat markets. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed down 3 3/4 cents and December corn was down 1/2 cent. May soybeans closed down 15 3/4 cents and November soybeans were down 18 1/4 cents. May KC wheat closed up 2 1/4 cents, May Chicago wheat was up 5 1/4 cents and May Minneapolis wheat was up 8 cents.