DTN Closing Grain Comments 05/02 13:54
2 May 2024
DTN Closing Grain Comments 05/02 13:54 Soybean Prices Surge on Brazil's Weather Woes With heavy rains damaging the soybean harvest in southern Brazil and Argentina also harvesting in wet conditions, July soybeans closed up 28 3/4 cents and July soybean meal was up $15.90, the largest percentage gain among Thursday's grain-related contracts. July corn closed up 9 cents and all three U.S. wheats also ended higher. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 9 cents and December corn was up 6 3/4 cents. July soybeans closed up 28 3/4 cents and November soybeans were up 22 3/4 cents. July KC wheat closed up 11 1/2 cents, July Chicago wheat was up 5 cents and July Minneapolis wheat was up 7 cents.