| |
DTN Closing Grain Comments 10/31 13:43
Corn, Soybeans Close Mixed, Wheat Lower in Halloween Trade
It was another mostly quiet day of position-squaring in the grain markets as
soybeans closed up but slightly off their highs. Corn acted early like it
wanted to follow soybeans lead but was dragged slightly lower by wheat. Wheat
remains the most volatile grain in recent sessions, as the weather trade is in
full swing with most of the winter wheat growing areas receiving precipitation
over the past 24-48 hours with more in the 10- to 15-day forecast moving
forward.
Rhett Montgomery
DTN Lead Analyst
GENERAL COMMENTS:
December corn closed down 3/4 cents and March corn was up 1/2 cents. January
soybeans closed up 3 1/4 cents and March soybeans were up 4 cents. December KC
wheat closed down 6 1/2 cents, December Chicago wheat was down 2 3/4 cents and
December Minneapolis wheat was down 4 cents.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
|
|
