DTN Closing Grain Comments 03/22 14:07
22 Mar 2024
DTN Closing Grain Comments 03/22 14:07 Soy Complex Prices Retreat; Wheat Prices Rise on European Riddle May soybeans fell 19 1/2 cents to $11.92 1/2 Friday, retreating from Thursday's new one-month high and giving back what was a modest gain on the week. Higher closes in the May contracts of all three U.S. wheats got a boost from a 3.75% gain in French wheat, possibly related to two rumors described in wheat comments below. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed down 1 1/2 cents and December corn was down 1 1/2 cents. May soybeans closed down 19 1/2 cents and November soybeans were down 17 1/4 cents. May KC wheat closed up 8 3/4 cents, May Chicago wheat was up 8 cents and May Minneapolis wheat was up 4 1/2 cents.