DTN Grain Close: Mixed as Rain Appears, China Buys More Soybeans

Rows of young soybean plants sticking a foot above ground. Photo: Nathan Gregory, Mississippi State University Extension

December corn fought back from a lower start to close 1/4-cent higher Thursday, even though some of the long-anticipated rain started to show up in the Central Corn Belt. November soybeans closed down 8 1/2 cents, influenced by another lower close in soybean meal, but also given a little support from a 14.4 mb soybean sale announcement, part of which was to China.

GENERAL COMMENTS:

July corn closed down 11 cents and December corn was up 1/4 cent. July soybeans closed down 13 3/4 cents and November soybeans were down 8 1/2 cents. September KC wheat closed down 6 1/4 cents, September Chicago wheat was down 11 3/4 cents and September Minneapolis wheat was up 3 cents.

The September U.S. Dollar Index is trading up 0.01 at 91.79. The Dow Jones Industrial Average is up 341.89 points at 34,216.13. August gold is down $6.90 at $1,776.50, July silver is down $0.07 at $26.05 and July copper is down $0.0065. August crude oil is up $0.09 at $73.17, August heating oil is down $0.0003, August RBOB gasoline is up $0.0106 and August natural gas is up $0.082.

The Latest


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events