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DTN Closing Grain Comments 01/24 13:56

24 Jan 2024
DTN Closing Grain Comments 01/24 13:55 Corn and Wheat Markets Continue to Trend Higher in Quiet and Low Volume Trade On a quiet Wednesday with little in the way of market-moving news, corn and wheat continued the mild recovery from multi-month lows. Soybeans and soy products traded mixed in even slower trade. A sharp plunge in ethanol production last week related to weather failed to get a bearish response in corn. Dana Mantini Senior Market Analyst GENERAL COMMENTS: March corn closed up 5 3/4 cents per bushel and March soybeans finished up 3/4 cent per bushel. March KC wheat was up 8 1/4 cents per bushel, March Chicago wheat was up 14 1/4 cents per bushel and March Minneapolis wheat closed up 5 cents.