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DTN Closing Grain Comments 04/16 13:44

16 Apr 2024
DTN Closing Grain Comments 04/16 13:44 US Soybean Prices Fall, Face Southern Harvest Pressure May soybeans fell 13 1/4 cents to a new one-month low, dragged down by a 0.56-cent loss in May soybean oil, while soybean harvests continue to make progress in Brazil and Argentina. May corn was down a half-cent and U.S. wheats were quietly mixed. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: May corn closed down 1/2 cent and December corn was down 2 cents. May soybeans closed down 13 1/4 cents and November soybeans were down 8 3/4 cents. July KC wheat closed up 2 1/4 cents, July Chicago wheat was down 2 3/4 cents and July Minneapolis wheat was up 1 cent.