DTN Closing Grain Comments 07/12 14:10
12 Jul 2023
DTN Closing Grain Comments 07/12 14:10 Crop Prices Take a Dive After USDA Reports December corn closed down 17 3/4 cents, November soybeans were down 32 1/2 cents and all three U.S. wheats were also lower, not finding anything in Wednesday's USDA reports to encourage buyers. Rain across the central Corn Belt also added to Wednesday's bearish pressures with more expected Wednesday evening across the southern Corn Belt. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: September corn closed down 18 1/4 cents and December corn was down 17 3/4 cents. August soybeans closed down 27 1/4 cents and November soybeans were down 32 1/2 cents. September KC wheat closed down 14 cents, September Chicago wheat was down 27 3/4 cents, and September Minneapolis wheat was down 10 1/2 cents.