DTN Closing Grain Comments 08/07 14:59
7 Aug 2023
DTN Closing Grain Comments 08/07 14:59 Soybeans Fall Back on Widespread Rains in August November soybeans closed down 31 1/4 cents and December corn was down 1 1/2 cents, soybeans showing the larger losses from widespread weekend rains that will benefit both crops. Wheat prices were higher after a weekend of increased fighting around the Black Sea, an ongoing threat to grain trade. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: September corn closed down 2 cents and December corn was down 1 1/2 cents. September soybeans closed down 38 3/4 cents and November soybeans were down 31 1/4 cents. September KC wheat closed up 17 1/4 cents, September Chicago wheat was up 24 1/2 cents and September Minneapolis wheat was up 2 cents.