DTN Closing Grain Comments 08/01 13:52
1 Aug 2023
DTN Closing Grain Comments 08/01 13:52 Soy Products Little Fazed by Wet Forecast, Push Higher Tuesday September soybean meal closed up $4.30 and September soybean oil was up 1.28 cents, both adding to already high crush incentives for soybean processors and providing a strong source of soybean demand, even in the face of a wetter forecast. December corn ended down 5 3/4 cents with limited help from demand. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: September corn closed down 7 cents and December corn was down 5 3/4 cents. August soybeans closed up 1 cent and November soybeans were up 9 1/2 cents. September KC wheat closed down 8 1/4 cents, September Chicago wheat was down 13 1/2 cents and September Minneapolis wheat was down 1 cent.