DTN Grain Close: Soybeans, Spring Wheat Push Higher

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    November soybeans closed up 16 3/4 cents Monday, supported by another higher close in soybean oil and the vegetable oil sector. December Minneapolis wheat posted a new contract high of $10.27, its highest spot close in nine years.

    GENERAL COMMENTS:

    December corn was unchanged and March corn was also unchanged. November soybeans closed up 16 3/4 cents and March soybeans were up 16 1/2 cents. December KC wheat closed up 3 3/4 cents, December Chicago wheat was up 3 1/2 cents and December Minneapolis wheat was up 17 cents. The December U.S. Dollar Index is trading up 0.15 at 93.78.

    The Dow Jones Industrial Average is up 89.24 points at 35,766.26. December gold is up $13.10 at $1,809.40, December silver is up $0.20 at $24.65 and December copper is up $0.0290. December crude oil is down $0.06 at $83.70, December heating oil is up $0.0257, December RBOB gasoline is up $0.0236 and December natural gas is up $0.593.

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