DTN Closing Grain Comments 03/29 13:50
Soybeans Firm; Wheat, Corn Rally Then Fall Back
Grain and soy markets firmed early, led by the soaring wheat markets, but
corn and wheat slipped back at midday on overbought conditions. Corn finished
higher, but well off the daily high, supported by another China purchase of
Senior Market Analyst
May corn closed up 3 1/4 cents and December corn was down 1 3/4 cents. May
soybeans closed up 9 1/2 cents and November soybeans were down 1 1/4 cents. May
KC wheat closed down 2 cents, May Chicago wheat was up 5 cents and May
Minneapolis wheat was down 4 1/2 cents.
DTN offers additional daily information available free through DTN Snapshot – sign up today.