DTN Grain Close: Wheat Futures Lose Ground on Quiet Day; Corn Firms Up

In a relatively quiet trading day, corn and soybeans gravitated around unchanged in two-sided trade; then corn rose to challenge the 50-day moving average. Soybeans finished a penny higher on November, while spot September was very strong. Wheat futures fell in unison on a day with little news to report.

GENERAL COMMENTS:

December corn settled up 6 1/2 cents per bushel, November soybeans closed up 1 cent, December KC wheat was down 2 1/4 cents, December Chicago wheat finished down 6 3/4 cents and December Minneapolis wheat settled down 2 1/4 cents.

The September U.S. Dollar Index is trading down 0.066 at 92.835. The Dow Jones Industrial Average is up 89.46 points at 35,455.72. December gold is down $14.30 at $1,794.20, September silver is unchanged at $23.89 and September copper is up $0.0110 at $4.2690. October crude oil is up $0.79 at $68.33, October heating oil is up $0.0478, October RBOB is up $0.0861 and September natural gas is down $0.001.

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