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DTN Closing Grain Comments 11/09 14:06

9 Nov 2023
DTN Closing Grain Comments 11/09 14:06 US Crop Prices Lower After USDA Estimates Record Corn Crop December corn fell 8 cents to $4.68 Thursday after USDA estimated a record high 15.234 bb corn crop in 2023, a bit of a bearish surprise. January soybeans closed down 22 1/4 cents after a small increase in USDA's ending stocks estimate and in spite of an impressive export sale reported Thursday morning. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: December corn closed down 8 cents and July corn was down 7 1/4 cents. January soybeans closed down 22 1/4 cents and July soybeans were down 16 1/2 cents. December KC wheat closed down 7 3/4 cents, December Chicago wheat was down 11 1/2 cents and December Minneapolis wheat was down 1 cent.