DTN Closing Grain Comments 04/11 14:10
11 Apr 2024
DTN Closing Grain Comments 04/11 14:10 Soybean Oil, Spring Wheat Prices Lead Bearish Response to USDA Report May soybean oil fell 1.58 cents and May Minneapolis wheat was down 14 3/4 cents, taking the largest percentage losses from higher supply estimates in USDA's WASDE report Thursday. May contracts of corn, soybeans and all three U.S. wheats finished lower after U.S. ending stocks estimates came in higher than expected for all three crops. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed down 5 1/2 cents and December corn was down 4 1/4 cents. May soybeans closed down 5 1/2 cents and November soybeans were down 5 cents. May KC wheat closed down 11 1/4 cents, May Chicago wheat was down 6 3/4 cents and May Minneapolis wheat was down 14 3/4 cents.