DTN Closing Grain Comments 03/04 13:56
4 Mar 2024
DTN Closing Grain Comments 03/04 13:56 US Wheat Prices Recover Part of Friday's Losses, While Row Crops Post Small Gains May contracts of KC and Minneapolis wheats posted double-digit gains Monday, taking back part of Friday's larger, double-digit losses after reports that hail and rain disrupted India's harvest. May corn was up 5 1/4 cents and May soybeans were up 3 3/4 cents after trying to trade even higher earlier. Todd Hultman DTN Lead Analyst 3/4/2024 US Wheat Prices Recover Part of Friday's Losses, While Row Crops Post Small Gains Summary: May contracts of KC and Minneapolis wheats posted double-digit gains Monday, taking back part of Friday's larger, double-digit losses after reports that hail and rain disrupted India's harvest. May corn was up 5 1/4 cents and May soybeans were up 3 3/4 cents after trying to trade even higher earlier. GENERAL COMMENTS: May corn closed up 5 1/4 cents and December corn was up 3 3/4 cents. May soybeans closed up 3 3/4 cents and November soybeans were up 6 1/2 cents. May KC wheat closed up 15 3/4 cents, May Chicago wheat was up 6 1/4 cents and May Minneapolis wheat was up 15 3/4 cents.