DTN Closing Grain Comments 07/05 13:47
5 Jul 2023
DTN Closing Grain Comments 07/05 13:47 Multiple Factors Converge to Give Wheat Prices a Boost Wednesday September contracts of KC and Minneapolis wheat both closed over 40 cents higher for several reasons that happened to come together Wednesday. December corn was on track for a sixth consecutive loss, but finished unchanged, saved by the bullish influence from wheat. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 9 cents and December corn was unchanged. July soybeans closed down 14 3/4 cents and November soybeans were up 1 1/4 cents. September KC wheat closed up 49 3/4 cents, September Chicago wheat was up 32 1/2 cents and September Minneapolis wheat was up 48 1/4 cents.