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DTN Closing Grain Comments 03/29 13:50

29 Mar 2023
DTN Closing Grain Comments 03/29 13:50 Soybeans Firm; Wheat, Corn Rally Then Fall Back Grain and soy markets firmed early, led by the soaring wheat markets, but corn and wheat slipped back at midday on overbought conditions. Corn finished higher, but well off the daily high, supported by another China purchase of U.S. corn. Dana Mantini Senior Market Analyst GENERAL COMMENTS: May corn closed up 3 1/4 cents and December corn was down 1 3/4 cents. May soybeans closed up 9 1/2 cents and November soybeans were down 1 1/4 cents. May KC wheat closed down 2 cents, May Chicago wheat was up 5 cents and May Minneapolis wheat was down 4 1/2 cents.