DTN Grain Closing: Wheat Prices Finish Out Bullish Week

    Freshly harvest soybeans loaded in truck for transport to grain elevator. ©Debra L Ferguson

    Corn and soybeans closed Friday lower after USDA’s WASDE report showed few surprises, but wheat prices finished higher with ongoing support from this week’s dry weather concerns.

    GENERAL COMMENTS:

    May corn closed down 2 1/2 cents and December corn was up 1 3/4 cents. May soybeans closed down 12 1/4 cents and November soybeans were down 10 cents. July KC wheat closed up 10 1/2 cents, July Chicago wheat was up 10 cents and July Minneapolis wheat was up 13 3/4 cents. The June U.S. Dollar Index is trading up 0.10 at 92.17. The Dow Jones Industrial Average is up 133.73 points at 33,637.30. June gold is down $16.10 at $1,742.10, May silver is down $0.34 at $25.25 and May copper is down $0.0450. May crude oil is down $0.31 at $59.29, May heating oil is down $0.0032, May RBOB gasoline is up $0.0019 and May natural gas is up $0.006.

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