DTN Closing Grain Comments 12/11 14:06
11 Dec 2023
DTN Closing Grain Comments 12/11 14:06 Wheat Prices Fall Back Monday, While Soybeans Rebound Higher March KC wheat fell 28 3/4 cents and March Chicago wheat was down 22 1/4 cents, quickly giving back last week's gain for KC wheat after riding on the coattails of last week's export sale announcements for soft red winter wheat to China. On the other hand, January soybeans closed up 32 cents, supported by a stretch of hot and dry weather in the forecast for Brazil. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: March corn closed down 4 cents and July corn was down 2 1/2 cents. January soybeans closed up 32 cents and July soybeans were up 25 3/4 cents. March KC wheat closed down 28 3/4 cents, March Chicago wheat was down 22 1/4 cents and March Minneapolis wheat was down 17 3/4 cents.