DTN Closing Grain Comments 10/30 13:48
30 Oct 2023
DTN Closing Grain Comments 10/30 13:48 Crop Prices Mostly Lower After Soybean Meal Falls Back From Contract High December soybean meal fell $15.90 to $426.50 Monday, encountering strong rejection after posting a new contract high of $442.40 Friday. January soybeans were pulled down 12 1/4 cents and December corn was down 2 1/2 cents, both also pressured by beneficial rains in the forecast for South America. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: December corn closed down 2 1/2 cents and July corn was down 2 cents. January soybeans closed down 12 1/4 cents and July soybeans were down 10 cents. December KC wheat closed up 2 cents, December Chicago wheat was down 9 1/2 cents and December Minneapolis wheat was down 2 cents.