Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Closing Grain Comments    05/13 14:01
   Soy Products Pull Beans Higher; Wheat Mixed; Corn Sags

   Following limit to near-limit gains in wheat Thursday after the bullish
WASDE report, all three wheat contracts set back early Friday, but not until
after reaching new contract highs. Soybeans were very firm as rumors of
additional China demand circulated, bean oil rose with crude, and beaten-down
soy meal finally rallied, while corn moved lower on an open planting window.

Dana Mantini
Senior Market Analyst

GENERAL COMMENTS:

   July corn closed down 10 1/4 cents per bushel and December corn was down 4
1/4 cents. July soybeans closed up 32 3/4 cents and November soybeans were up
17 3/4 cents. July KC wheat closed up 12 cents, July Chicago wheat was down 1
1/4 cents and July Minneapolis wheat was up 5 cents. The June U.S. Dollar Index
is trading down 0.207 at 104.690. The Dow Jones Industrial Average is up 191.74
points at 31,922.04. June gold is down $17.40 at $1,807.20, July silver is up
$0.18 at $20.95 and July copper is up $0.0575 at $4.1580. June crude oil is up
$4.30 at $110.43, June heating oil is up $0.0076, June RBOB is up $0.1688 and
June natural gas is down $0.079.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN