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DTN Closing Grain Comments 11/24 12:42

24 Nov 2023
DTN Closing Grain Comments 11/24 12:42 Soybean Oil Prices Take a Dive as Black Friday Quotes Turn Red December corn closed down 7 3/4 cents Friday and January soybeans were down 20 cents, both pressured by next week's forecast for rain in Brazil. For the week, row-crop prices were mixed, but wheat futures finished lower with March KC wheat falling to a two-year low of $6.27 1/2. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: March corn ended down 5 1/4 cents and July corn was down 4 1/4 cents. January soybeans closed down 25 3/4 cents and July soybeans were down 25 cents. March KC wheat closed down 12 3/4 cents, March Chicago wheat was down 7 1/4 cents and March Minneapolis wheat was down 13 1/2 cents.