DTN Closing Grain Comments 04/27 13:56
27 Apr 2023
DTN Closing Grain Comments 04/27 13:56 Grains' Bearish Price Trends Continue A mix of outside market factors, plus expectations for more corn and soybean production in 2023, is keeping row-crop prices under pressure. For wheat, the latest selling has come from rain in the southwestern Plains and for corn, another cancelled sale from China triggered more selling Thursday. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 19 1/2 cents and December corn was down 12 3/4 cents. July soybeans closed down 11 cents and November soybeans were down 11 1/4 cents. July KC wheat closed down 18 cents, July Chicago wheat was down 12 3/4 cents and September Minneapolis wheat was down 24 cents.