DTN Closing Grain Comments 03/24 14:04
24 Mar 2023
DTN Closing Grain Comments 03/24 14:04 Crop Prices End Higher Helped by Friday's False Rumor A false rumor floated by Reuters Friday morning that Russia was considering a temporary ban on exports of wheat and sunflower oil triggered a burst of short-covering at the end of an otherwise bearish week, prices which held positive ground even after Reuters later refuted the rumor in a second article. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed up 11 1/4 cents and December corn was up 8 cents. May soybeans closed up 8 3/4 cents and November soybeans were up 15 1/4 cents. May KC wheat closed up 28 1/4 cents, May Chicago wheat was up 26 1/2 cents and May Minneapolis wheat was up 16 1/4 cents.