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DTN Closing Grain Comments 04/18 13:52
US Row-Crop Prices Sag Under Harvest Pressure Thursday
July corn was down 4 3/4 cents and July soybeans were down 15 1/4 cents,
continuing to droop, while the top two U.S. soybean competitors make progress
with their 2024 harvests. July Chicago wheat was up 3/4 cent, managing a slight
gain after USDA reported China cancelled previous wheat purchases.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
July corn closed down 4 3/4 cents and December corn was down 4 3/4 cents.
July soybeans closed down 15 1/4 cents and November soybeans were down 12
cents. July KC wheat closed up 6 1/4 cents, July Chicago wheat was up 3/4 cent
and July Minneapolis wheat was up 3 3/4 cents.
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