DTN Closing Grain Comments 02/04 14:03
4 Feb 2022
DTN Closing Grain Comments 02/04 14:03 Wheat Buyers Return Ahead of Weekend After a week of falling wheat prices, March KC wheat closed up 16 3/4 cents Friday, posting the largest percentage gain of the day among grains as traders showed they may still be nervous about the situation in Ukraine, at least ahead of the weekend. March soybean meal closed up $6.80, continuing to keep soybean crush returns bullish for soybean demand. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: March corn closed up 3 3/4 cents and December corn was up 5 1/2 cents. March soybeans closed up 9 1/4 cents and November soybeans were up 3 cents. March KC wheat closed up 16 3/4 cents, March Chicago wheat was up 11 1/2 cents and March Minneapolis wheat was up 12 1/4 cents. The March U.S. Dollar Index is trading up 0.06 at 95.44. The Dow Jones Industrial Average is up 17.03 points at 35,128.19. April gold is up $2.50 at $1,806.60, March silver is up $0.09 at $22.46 and March copper is up $0.0190. March crude oil is up $2.17 at $92.44, March heating oil is up $0.0455, March RBOB gasoline is up $0.0362 and March natural gas is down $0.317.