DTN Closing Grain Comments 01/18 16:20
18 Jan 2024
DTN Closing Grain Comments 01/18 16:20 Grains Hit New Lows, Then Get a Bounce on Thursday March corn and March contracts of KC and Minneapolis wheat made new contract lows early Thursday but finished higher on the day as commercials responded to the new low prices. Similarly, March soybeans hit a new seven-month low early but found enough support to end the day up 7 3/4 cents. Todd Hultman Senior Market Analyst GENERAL COMMENTS: March corn closed up 1 3/4 cents and December corn was up 3/4 cent. March soybeans closed up 7 3/4 cents and November soybeans were up 2 1/4 cents. March KC wheat closed up 11 1/4 cents, March Chicago wheat was up 3 cents and March Minneapolis wheat was up 7 3/4 cents.