DTN Closing Grain Comments 10/27 14:01
27 Oct 2023
DTN Closing Grain Comments 10/27 14:01 Friday Brings New High in Soybean Meal And New Low in KC Wheat Friday's trade had a little bit of everything with December soybean meal posting a new contract high of $442.40 and December KC wheat falling 11 3/4 cents to $6.43, the lowest spot close in over two years. December corn was up 1 1/2 cents and January soybeans were up 19 1/4 cents, influenced by aggressive demand for meal. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: December corn closed up 1 1/2 cents and July corn was up 2 1/4 cents. January soybeans closed up 19 1/4 cents and July soybeans were up 19 cents. December KC wheat closed down 11 3/4 cents, December Chicago wheat was down 4 cents and December Minneapolis wheat was down 4 1/2 cents.