DTN Closing Grain Comments 06/09 13:59
9 Jun 2023
DTN Closing Grain Comments 06/09 13:59 Soybean Oil Emerges as Largest Gainer After USDA Leaves Production Estimates Unchanged July soybean oil closed 5.09 cents higher than a week ago, the largest percentage gainer among grain-related contracts with possible help from a dispute in Europe. Soybean prices got a lift from the new interest in bean oil, while corn and KC wheat ended lower. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 6 cents and December corn was down 2 1/2 cents. July soybeans closed up 23 1/4 cents and November soybeans were up 15 1/4 cents. July KC wheat closed down 7 cents, July Chicago wheat was up 4 cents and September Minneapolis wheat was down 5 1/2 cents.