DTN Grain Close: Markets Endure Phantom Forecast, End Mostly Lower

©Debra L Ferguson Stock Photography

December corn and November soybeans closed lower Thursday but were well off their lows as it remained difficult to find significant rain in the forecast. September Minneapolis wheat recovered from being down 26 3/4 cents earlier and finished up 6 1/4 cents.

GENERAL COMMENTS:

September corn closed down 7 1/4 cents and December corn was down 7 1/4 cents. August soybeans closed down 23 cents and November soybeans were down 27 1/2 cents. September KC wheat closed down 15 cents, September Chicago wheat was down 18 1/2 cents and September Minneapolis wheat was up 6 1/4 cents.

The September U.S. Dollar Index is trading up 0.08 at 92.84. The Dow Jones Industrial Average is up 61.59 points at 34,859.59. August gold is up $4.40 at $1,807.80, September silver is up $0.19 at $25.44 and September copper is up $0.0650. September crude oil is up $1.39 at $71.69, September heating oil is up $0.0417, September RBOB gasoline is up $0.0542 and September natural gas is up $0.039.

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