DTN Closing Grain Comments 05/08 13:53
8 May 2024
DTN Closing Grain Comments 05/08 13:53 Bears Return, Knock Down Wednesday's Grain, Oilseed Prices After reaching their highest price in at least three months Tuesday, December corn closed down 7 1/4 cents and November soybeans dropped 15 cents Wednesday, facing better planting opportunities in the week ahead. July contracts of all three U.S. wheats closed lower for a second day as short-covering pressures eased. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 8 1/2 cents and December corn was down 7 1/4 cents. July soybeans closed down 18 3/4 cents and November soybeans were down 15 cents. July KC wheat closed down 15 1/2 cents, July Chicago wheat was down 8 3/4 cents and July Minneapolis wheat was down 16 1/4 cents.