DTN Closing Grain Comments 06/12 14:07
12 Jun 2024
DTN Closing Grain Comments 06/12 14:07 Corn Prices End Higher After USDA Reports, But Wheat Prices Slump December corn ended up 3 1/2 cents and November soybeans were down 4 1/4 cents after USDA kept corn ending stocks unchanged and tweaked soybeans higher. July contracts of all three wheats closed lower Wednesday, despite USDA's lower estimate of world wheat production in 2024. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 4 3/4 cents and December corn was up 3 1/2 cents. July soybeans closed down 3/4 cent and November soybeans were down 4 1/4 cents. July KC wheat closed down 17 3/4 cents, July Chicago wheat was down 9 1/2 cents and July Minneapolis wheat was down 10 1/2 cents.