DTN Closing Grain Comments 11/25 13:39

DTN Closing Grain Comments 11/25 13:39 Wheat Markets Pressure Ag Complex to Start Holiday Week Thanksgiving week started with similarly mixed results to what has been the feature of the trade for the past week or so. Recently, soybeans and wheat have taken turns being the downside leader while corn remained more or less along for the ride. Wheat markets took the driver's seat Monday, as traders remove risk premium from the market stemming from the perceived escalation in the Black Sea region which ended up being largely uneventful outside of further posturing among world leaders involved. Overall, it will likely prove difficult for the trade to make any significant price breakthroughs through this week as volume behind the trade is not likely to have a lot of weight, especially the closer we get to the holiday on Thursday. Expect a continuation of choppy trade moving forward. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: March corn closed down 2 1/4 cents and May corn was down 2 3/4 cents. January soybeans closed up 2 1/4 cents and March soybeans were up 2 cents. March KC wheat closed down 8 1/2 cents, March Chicago wheat was down 9 cents and March Minneapolis wheat was down 4 cents.