DTN Closing Grain Comments 02/18 13:49
18 Feb 2025
DTN Closing Grain Comments 02/18 13:49 March Corn Futures Top $5 in Green Session Across US Row Crops Grain markets reversed from overnight weakness to climb higher, led by continued strong price action in corn futures, as well as wheat futures pushing deeper into summer 2024 highs. Outside markets, to begin the shortened week, were mostly positive with outside commodities such as gold and crude oil up, while equities were mixed overall Tuesday. The U.S. Dollar Index showed some strength as well but overall remains in a short-term downtrend after trading to its softest level since mid-December last week. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: March corn closed up 5 3/4 cents and May corn was up 7 cents. March soybeans closed up 2 1/2 cents and May soybeans were up 2 3/4 cents. March KC wheat closed up 6 cents, March Chicago wheat was up 4 3/4 cents, March Minneapolis wheat was up 7 1/2 cents.