DTN Closing Grain Comments 05/03 14:05
3 May 2024
DTN Closing Grain Comments 05/03 14:05 Winter Wheat Prices Lead Grains Higher, While Soybean Oil Ends Near New 3-Year Low July Chicago wheat closed up 18 1/4 cents at $6.22 1/2, Friday's largest percentage gainer in the grain-related sector with more rain expected on a soggy SRW wheat crop next week. November soybeans closed up 13 1/4 cents at a new one-month high, but July soybean oil fell to its lowest weekly close in over three years. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 1/2 cent and December corn was up 3 1/4 cents. July soybeans closed up 16 cents and November soybeans were up 13 1/4 cents. July KC wheat closed up 13 3/4 cents, July Chicago wheat was up 18 1/4 cents and July Minneapolis wheat was up 5 1/4 cents.