DTN Closing Grain Comments 04/17 13:46
US Crop Prices Mixed Amid Middle East Tensions
July soybeans ended up 4 1/4 cents Wednesday, finding light support after
reaching their lowest prices in a month, while other futures prices showed
concerns about a possible escalation of fighting in the Middle East. All three
U.S. wheat prices finished lower, hindered by an expensive U.S. dollar and
chronic lack of demand.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
July corn closed down 1 3/4 cents and December corn was down 2 1/2 cents.
July soybeans closed up 4 1/4 cents and November soybeans were up 2 3/4 cents.
July KC wheat closed down 14 cents, July Chicago wheat was down 12 1/2 cents
and July Minneapolis wheat was down 5 3/4 cents.
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