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DTN Closing Grain Comments 03/22 13:57

22 Mar 2023
DTN Closing Grain Comments 03/22 13:57 Soy Complex, Wheat Lower; Fed Raises Rate Quarter Percent May soybeans fell 18 1/2 cents to a new low in 2023 with meal and oil prices also lower. U.S. wheat prices ended lower after a day of volatile trading, while May corn achieved a modest gain with help from a sixth sale to China in nine days. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed up 3 1/2 cents and December corn was down 2 1/4 cents. May soybeans closed down 18 1/2 cents and November soybeans were down 23 1/2 cents. May KC wheat closed down 9 cents, May Chicago wheat was down 19 3/4 cents and May Minneapolis wheat was down 12 cents.