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DTN Closing Grain Comments 05/31 13:57

31 May 2023
DTN Closing Grain Comments 05/31 13:57 Lower Start For Crop Prices Turns Mixed Wednesday After Tuesday afternoon's USDA report showed good planting progress, Wednesday started as another predominantly red day for price quotes in the grain sector. But by the end of the session, new-crop prices of corn and soybeans were well above their lows of the day and July soy products were steady to higher. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn ended steady and December corn was down 3 1/2 cents. July soybeans closed up 3 1/4 cents and November soybeans were down 6 3/4 cents. July KC wheat closed up 6 3/4 cents, July Chicago wheat was up 3 1/4 cents and September Minneapolis wheat was down 12 cents.