DTN Closing Grain Comments 07/15 14:11
15 Jul 2024
DTN Closing Grain Comments 07/15 14:11 New Week Starts With Double-Digit Losses in Grain and Oilseed Prices December corn closed down 10 1/2 cents and November soybeans were down 25 1/4 cents Monday, pressured by rain in this week's forecast for the Eastern Corn Belt and the anticipation of moderate temperatures after a hot weekend. September contracts of all three wheats also suffered double-digit losses, weighed down by Friday's 2.008-billion-bushel (bb) wheat production estimate from USDA. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: September corn closed down 11 1/2 cents and December corn was down 10 1/2 cents. August soybeans closed down 27 cents and November soybeans were down 25 1/4 cents. September KC wheat closed down 12 1/4 cents, September Chicago wheat was down 18 1/4 cents and September Minneapolis wheat was down 16 3/4 cents.