DTN Closing Grain Comments 02/22 13:45
22 Feb 2024
DTN Closing Grain Comments 02/22 13:45 Corn Again Falls to New Low; Soy Complex Crumbles as Soymeal, Soybean Oil Set New Lows The beat goes on with nearby corn futures falling to a new contract low Thursday. That would be the ninth day out of the past 12 days that corn has reached a new low. Soybeans, soymeal, and bean oil all fell to sizable losses, with beans hitting a low not seen since May 31, and soymeal and bean oil setting new lows in tandem. Wheat finished mixed to mostly lower and well under the daily highs, rejecting early strength.