DTN Closing Grain Comments 10/12 14:13
12 Oct 2023
DTN Closing Grain Comments 10/12 14:13 Crops Respond Higher to USDA Report, But What About Soybean Meal? December prices of corn and all three wheats closed higher after finding some encouragement from USDA's WASDE report, but December soybean meal traded higher even before Thursday's report and closed up $15.80, pulling November soybeans up 37 1/2 cents. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: December corn closed up 8 cents and July corn was up 7 1/2 cents. November soybeans closed up 37 1/2 cents and July soybeans were up 33 1/2 cents. December KC wheat closed up 7 3/4 cents, December Chicago wheat was up 15 1/2 cents and December Minneapolis wheat was up 5 1/4 cents.