DTN Closing Grain Comments 10/31 13:43
31 Oct 2024
DTN Closing Grain Comments 10/31 13:43 Corn, Soybeans Close Mixed, Wheat Lower in Halloween Trade It was another mostly quiet day of position-squaring in the grain markets as soybeans closed up but slightly off their highs. Corn acted early like it wanted to follow soybeans lead but was dragged slightly lower by wheat. Wheat remains the most volatile grain in recent sessions, as the weather trade is in full swing with most of the winter wheat growing areas receiving precipitation over the past 24-48 hours with more in the 10- to 15-day forecast moving forward. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: December corn closed down 3/4 cents and March corn was up 1/2 cents. January soybeans closed up 3 1/4 cents and March soybeans were up 4 cents. December KC wheat closed down 6 1/2 cents, December Chicago wheat was down 2 3/4 cents and December Minneapolis wheat was down 4 cents.