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DTN Closing Grain Comments 06/30 14:17

30 Jun 2023

DTN Closing Grain Comments 06/30 14:17 Traders Respond to Big Shift From Soybean Acres to Corn December corn fell 33 3/4 cents, while November soybeans jumped 77 1/2 cents as Friday's planting estimates from USDA showed a large and unexpected shift of soybean acres to corn in 2023. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 26 1/2 cents and December corn was down 33 3/4 cents. July soybeans closed up 74 1/4 cents and November soybeans were up 77 1/2 cents. September KC wheat closed unchanged, September Chicago wheat was down 16 1/2 cents and September Minneapolis wheat was down 8 1/2 cents.

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