DTN Closing Grain Comments 11/27 13:38

DTN Closing Grain Comments 11/27 13:38 Wheat Prices Continue to Slide Into Holiday; Corn, Soybeans Find Support Market volatility continued to surprise Wednesday, as wheat futures bore the brunt of trader selling again following Tuesday's brief reprieve. Corn and soybean prices have found support, keeping prices steady to modestly higher as trade volume slipped ahead of Thanksgiving. Outside market influence was also mixed midway through the week with energy markets, in particular, pressuring the ag complex with crude oil down. Soybean oil resumed its downward spiral as well despite palm oil futures finding support in recent sessions to halt their selloff. South American weather also continues to hang heavily over row-crop prices as so far, many key growing areas have received coverage in the past two week and those that didn't are slated to receive some in the next week or two, keeping any weather scare potential at arm's length for now. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: March corn closed unchanged and May corn was unchanged as well. January soybeans closed up 5 1/4 cents and March soybeans were up 3 cents. March KC wheat closed down 14 1/4 cents, March Chicago wheat was down 9 1/2 cents and March Minneapolis wheat was down 9 1/4 cents.