DTN Closing Grain Comments 02/02 13:59
2 Feb 2024
DTN Closing Grain Comments 02/02 13:59 Soybeans Post Seventh Lower Weekly Close as Brazil Harvest Continues March soybeans closed down 14 3/4 cents, pulled down by a new closing low in March soybean oil of 44.73 cents per pound. March corn ended the week with a 4 1/2-cent loss Friday, while wheat contracts were mixed, anticipating more precipitation over winter wheat areas the next two weeks. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: March corn closed down 4 1/2 cents and December corn was down 2 1/4 cents. March soybeans closed down 14 3/4 cents and November soybeans were down 14 1/2 cents. March KC wheat closed up 4 1/4 cents, March Chicago wheat was down 1 3/4 cents and March Minneapolis wheat was up 3 3/4 cents.