DTN Closing Grain Comments 02/08 13:56

DTN Closing Grain Comments 02/08 13:56 Corn, Soybeans, Bean Oil Decline; New-Crop Corn Matches High Several major news sources reported Russia planned to pull their troops from Belarus, leading to a sharp fall in crude oil prices, with corn, soybeans and bean oil following. December corn rejected early weakness to close at the contract high. The wheat markets got some help from the Statistics Canada report, which found considerably lower end-of-December all-wheat stocks than traders had expected, sending Minneapolis wheat to nearly a 20-cent gain. Dana Mantini Senior Market Analyst GENERAL COMMENTS: March corn closed down 3 cents per bushel and December corn was up 1 cent. March soybeans closed down 12 3/4 cents and November soybeans were down 3 cents. March KC wheat closed up 9 1/2 cents, March Chicago wheat was up 10 cents and March Minneapolis wheat was up 19 1/4 cents. The March U.S. Dollar Index is trading up 0.193 at 95.585. The Dow Jones Industrial Average is up 252.32 points at 35,343.45. April gold is up $7.20 at $1,829.00, March silver is up $0.14 at $23.22 and March copper is up $0.0005 at $4.4630. March crude oil is down $2.15 at $89.17, March heating oil is down $0.0614, March RBOB is down $0.0601 and March natural gas is down $0.006.