DTN Closing Grain Comments 12/13 13:56
13 Dec 2023
DTN Closing Grain Comments 12/13 13:56 Wheat, Corn, Soybean Prices All Lower Wednesday, Watching Argentine Policy Changes March KC wheat fell 24 3/4 cents Wednesday, the largest percentage loss in a red grain sector that also saw losses of 5 3/4 cents in March corn and 16 1/4 cents in January soybeans. Some of Wednesday's selling, including an $8.10 loss in January soybean meal looked related to Tuesday's devaluation of Argentina's peso and surrounding policy changes from the new administration there. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: March corn closed down 5 3/4 cents and July corn was down 4 1/4 cents. January soybeans closed down 16 1/4 cents and July soybeans were down 15 1/4 cents. March KC wheat closed down 24 3/4 cents, March Chicago wheat was down 20 1/4 cents and March Minneapolis wheat was down 16 cents.