DTN Closing Grain Comments 05/03 14:04
3 May 2023
DTN Closing Grain Comments 05/03 14:04 Wheat Prices Lead Grains Higher Wednesday After Alleged Attack on Kremlin July contracts of corn, soybeans and all three U.S. wheats closed higher Wednesday after the Russian government blamed Ukraine for a drone attack on the Kremlin. Dow Jones futures are trading lower after the Federal Reserve increased the federal funds rate target by a quarter-percent, as was expected. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 8 1/2 cents and December corn was up 10 3/4 cents. July soybeans closed up 6 3/4 cents and November soybeans were up 5 cents. July KC wheat closed up 44 3/4 cents, July Chicago wheat was up 30 1/2 cents and September Minneapolis wheat was up 30 1/2 cents.