DTN Closing Grain Comments 05/07 13:54
7 May 2024
DTN Closing Grain Comments 05/07 13:54 Row-Crop Prices Mixed as Planting Makes Progress December corn ended unchanged Tuesday, staying near its highest price in three months, while November soybeans ended up 8 1/4 cents at its highest close in 2024, still finding support from flooding in southern Brazil and speculative short-covering. After higher closes Monday, all three U.S. wheat prices fell back Tuesday with USDA rating half the winter crop as good or excellent. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 2 cents and December corn was unchanged. July soybeans closed down 2 1/4 cents and November soybeans were up 8 1/4 cents. July KC wheat closed down 11 1/4 cents, July Chicago wheat was down 6 cents and July Minneapolis wheat was down 6 1/2 cents.