DTN Closing Grain Comments 12/26 13:45
26 Dec 2024
DTN Closing Grain Comments 12/26 13:45 Ag Markets Surge Higher in Post-Christmas Trade Ag markets came out of the gate strong as traders who returned to their screens after Christmas were obviously well rested and ready to hit the buy button on commodities, generating an overall green day across the board for ag markets. Outside market influence was largely mixed with equity markets trading both sides of even, while commodities such as gold and crude oil were mixed with the former stronger but the latter slightly down. The U.S. Dollar Index was also softer Thursday which offered support to ag commodities. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: March corn closed up 5 1/4 cents and May corn was up 5 1/2 cents. March soybeans closed up 16 cents and May soybeans were up 17 1/2 cents. March KC wheat closed up 7 3/4 cents, March Chicago wheat was up 6 1/4cents, March Minneapolis wheat was up 5 cents.