DTN Closing Grain Comments 11/20 13:44

DTN Closing Grain Comments 11/20 13:44 Corn, Wheat Find Strength; Soybeans Falter During Midweek Trade Corn and wheat markets continued to find buying support halfway through the week, while the soybean complex continued to struggle with the weight of "so far, so good" weather in South America. Demand prospects remain very good, especially for corn, but this has been shown to only take the market so far with the U.S. balance sheet already showing a record for usage in 2024-25. Trade policy concerns are also keeping a lid on the market, although to a lesser degree this week compared to last week. The U.S. Dollar Index recaptured its weekly losses Wednesday, which also pressured the soy complex. Overall, I expect the market to continue its choppy behavior as, unfortunately for this time of year, much of the market news available to trade is largely speculative in nature. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: December corn closed up 3 cents and March corn was up 2 1/4 cents. January soybeans closed down 8 cents and March soybeans were down 9 1/4 cents. March KC wheat closed up 3 1/4 cents, March Chicago wheat was up 4 1/2 cents and March Minneapolis wheat was up 1 cents.