July KC wheat closed down 19 3/4 cents Wednesday, pressured by rain in the forecast for the U.S. southwestern and Southern Plains. Meanwhile, July soybeans finished up 27 3/4 cents at a new contract high, happening even before USDA released its reports for the day.
July corn closed down 7 1/2 cents and December corn was down 18 1/4 cents. July soybeans closed up 27 3/4 cents and November soybeans were up 12 1/4 cents. July KC wheat closed down 19 3/4 cents, July Chicago wheat was down 12 cents and July Minneapolis wheat was down 5 cents.
The June U.S. Dollar Index is trading up 0.59 at 90.72. The Dow Jones Industrial Average is down 510.97 points at 33,758.19. June gold is down $15.30 at $1,820.80, July silver is down $0.42 at $27.25 and July copper is down $0.0240. June crude oil is up $1.0 at $66.28, June heating oil is up $0.0332, June RBOB gasoline is up $0.0251 and June natural gas is up $0.016.