DTN Closing Grain Comments 03/20 13:34
20 Mar 2023
DTN Closing Grain Comments 03/20 13:34 Soybeans Overcomes Early Selling, Wheat Sags on Black Sea Extension In volatile trade, early weakness in the soybeans and bean oil was short-lived, with old crop soybeans and bean oil finishing firmer, while corn and wheat finished lower in quiet trade. Soybean meal made a run at moving higher but ended down for the eighth time in the past 10 days as funds liquidated. Dana Mantini Senior Market Analyst GENERAL COMMENTS: May corn closed down 1 1/4 cents and December corn was down 1 1/4 cents. May soybeans closed up 9 1/2 cents and November soybeans were down 4 1/2 cents. May KC wheat closed down 6 cents, May Chicago wheat was down 9 3/4 cents and May Minneapolis wheat was down 10 1/2 cents. The March U.S. Dollar Index is trading down 0.41 at 102.96. The Dow Jones Industrial Average is up 330.33 points at 32,192.31. April gold is up $12.00 at $1,985.50, May silver is up $0.20 at $22.66 and May copper is up $0.0660. April crude oil is up $0.37 at $67.11, April ultra-low sulfur diesel is down $0.0179, April RBOB gasoline is up $0.0159 and April natural gas is down $0.113.