DTN Closing Grain Comments 06/13 13:57
13 Jun 2023
DTN Closing Grain Comments 06/13 13:57 Soybeans Charge Higher on Dry Weather, Gains in Vegetable Oils November soybeans jumped up 30 1/2 cents to $12.39 1/2 Tuesday after USDA gave crops their lowest good-to-excellent rating since 2013. July soybean oil closed up 1.45 cents, also giving soybean prices support with help from higher closes in palm oil, canola, rapeseed oil and higher trading in crude oil. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 4 3/4 cents and December corn was up 2 cents. July soybeans closed up 26 1/2 cents and November soybeans were up 30 1/2 cents. July KC wheat closed down 4 3/4 cents, July Chicago wheat was up 2 1/2 cents and September Minneapolis wheat was down 5 1/4 cents.