DTN Closing Grain Comments 10/04 13:53
4 Oct 2024
DTN Closing Grain Comments 10/04 13:53 Wheat Markets Crater as Dollar Surges; Corn, Soy Markets Head Lower Wheat and corn continued to correct lower Friday, with wheat selling more intense following a better-than-expected jobs number leading to the fifth consecutive rise in the U.S. Dollar Index. Soybeans and soy products faltered after a firmer opening as rain chances improved for Brazil and the U.S. harvest weather remains favorable for the next few weeks. Dana Mantini Senior Market Analyst GENERAL COMMENTS: December corn closed down 3 1/2 cents per bushel at $4.24 3/4 and March corn was down 4 1/4 cents at $4.41 3/4. November soybeans closed down 8 1/4 cents at $10.37 3/4 and January soybeans were down 8 1/2 cents at $10.56 0/1. December KC wheat closed down 13 1/2 cents at $5.98, December Chicago wheat was down 13 3/4 cents at $5.89 3/4 and December Minneapolis wheat was down 7 3/4 cents at $6.38 1/2.