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DTN Closing Grain Comments 03/30 13:54

30 Mar 2023
DTN Closing Grain Comments 03/30 13:54 Wheat, Soybeans Relinquish Early Gains; Corn Fails at 50-Day Average In a mostly risk-on start to the day, all the ag markets were higher in the morning, but profit-taking, an overbought condition, and some good chart resistance capped those gains, with Chicago wheat, corn and soybeans finishing lower. Dana Mantini Senior Market Analyst GENERAL COMMENTS: May corn closed down 1 cent and December corn was down 3 1/2 cents. May soybeans closed down 2 3/4 cents and November soybeans were up 1 cent. May KC wheat closed up 1 cent, May Chicago wheat was down 12 1/2 cents and May Minneapolis wheat was up 1 3/4 cents.