DTN Closing Grain Comments 07/10 13:52
10 Jul 2024
DTN Closing Grain Comments 07/10 13:52 Another Red Day Takes Soybean, Meal Prices to New Lows November soybeans closed down 13 cents at $10.67, its lowest November close in over three and a half years, pulled down by a new two-month low in August soybean meal as bears remained in control of the crop sector Wednesday. September contracts of all three U.S. wheats also finished lower, discouraged by Russia's ability to keep a lid on international prices. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: September corn closed up 1 3/4 cents and December corn was down 1 1/4 cents. August soybeans closed down 18 cents and November soybeans were down 13 cents. September KC wheat closed down 12 1/4 cents, September Chicago wheat was down 10 1/2 cents and September Minneapolis wheat was down 6 1/2 cents.