DTN Grain Closing: Corn Ends Limit Up; Soybeans & Wheat Higher

    Trucks, grain cart and diesel tank in field for soybean harvest. ©Debra L Ferguson

    July corn closed up its 25-cent limit Thursday, accompanied by strong gains in wheat, soybeans and soy products. Rising cash bids of corn and soybeans continue to spread throughout the country as commercials vie for limited supplies.

    GENERAL COMMENTS:

    July corn closed up 25 cents and December corn was up 16 3/4 cents. July soybeans closed up 34 3/4 cents and November soybeans were up 28 cents. July KC wheat closed up 37 cents, July Chicago wheat was up 35 1/2 cents and July Minneapolis wheat was up 29 1/2 cents. The June U.S. Dollar Index is trading up 0.25 at 91.38. The Dow Jones Industrial Average is down 301.78 points at 33,835.53. June gold is down $13.00 at $1,780.10, May silver is down $0.47 at $26.10 and May copper is down $0.0145. June crude oil is up $0.09 at $61.44, June heating oil is up $0.0075, June RBOB gasoline is down $0.0074 and June natural gas is up $0.057.

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