DTN Grain Close: Mixed with Soy Oil Supporting Soybeans

Mid-season soybean field. ©Debra L Ferguson Stock Photography

November soybeans closed higher Monday, helped by an export sale to China, bull spreading in old-crop soybeans and a 2.21-cent gain in July soybean oil. December corn was down 9 1/4 cents with broad rain coverage expected in the seven-day forecast.

GENERAL COMMENTS:

July corn closed up 4 cents and December corn was down 9 1/4 cents. July soybeans closed up 19 cents and November soybeans were up 6 1/4 cents. July KC wheat closed down 6 3/4 cents, July Chicago wheat was down 1 1/4 cents and September Minneapolis wheat was up 1 1/4 cents.

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