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DTN Closing Grain Comments 05/30 13:52

30 May 2024

DTN Closing Grain Comments 05/30 13:52 Risk-Off Selling Dominates Thursday's Ag Markets With more rain in the forecast and ongoing outside market concerns about no interest rate cuts yet in 2024, nearly all commodity prices were lower again Thursday, sparing only lean hogs and coffee from lower closes. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 6 1/2 cents and December corn was down 7 3/4 cents. July soybeans closed down 4 1/4 cents and November soybeans were down 6 3/4 cents. July KC wheat closed down 10 1/4 cents, July Chicago wheat was down 11 3/4 cents and July Minneapolis wheat was down 10 cents.

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