DTN Closing Grain Comments 01/10 13:55
10 Jan 2024
DTN Closing Grain Comments 01/10 13:55 Soybean, Meal Prices Slide Lower, Ignoring Lower Conab Estimate Brazil's Conab lowered its soybean production estimate for Brazil to 155.3 mmt, but it did not keep traders from selling more soybeans, facing a mostly wet forecast ahead for central Brazil. March soybeans closed down 12 cents and March soybean meal was down $3.30. Corn and wheat prices were quietly mixed to lower. Todd Hultman Senior Market Analyst GENERAL COMMENTS: March corn closed up 1/4 cent and December corn was down 3/4 cent. March soybeans closed down 12 cents and November soybeans were down 3 cents. March KC wheat closed down 2 1/2 cents, March Chicago wheat was up 3/4 cent and March Minneapolis wheat was up 2 1/4 cents.