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DTN Closing Grain Comments 06/02 14:02

2 Jun 2023
DTN Closing Grain Comments 06/02 14:02 Friday Rallies Send Corn, Soybeans, Wheat Higher July soybean oil led Friday's gains with the largest percentage increase in the grain sector, followed by July contracts of corn, soybeans and Minneapolis wheat. Dry weather across the Midwest and likely short-covering ahead of Sunday's OPEC meeting were part of Friday's bullish influences. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 16 1/2 cents and December corn was up 11 1/4 cents. July soybeans closed up 23 cents and November soybeans were up 14 3/4 cents. July KC wheat closed up 9 3/4 cents, July Chicago wheat was up 8 1/4 cents and September Minneapolis wheat was up 15 1/2 cents.