DTN Closing Grain Comments 05/20 13:54
20 May 2022
DTN Closing Grain Comments 05/20 13:54 Wheat Prices Lower a Third Day; Dow Jones Falls to New Low New-crop contracts of all three U.S. wheats were sharply lower Friday, finishing lower on a week that saw new highs Tuesday. Dow Jones futures were trading down over 500 points at its lowest level in over a year, pressured by fears of recession, explained CNBC.com. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed down 4 1/2 cents and December corn was down 4 cents. July soybeans closed up 14 3/4 cents and November soybeans were up 7 1/4 cents. July KC wheat closed down 42 1/2 cents, July Chicago wheat was down 31 3/4 cents and September Minneapolis wheat was down 50 1/4 cents. The June U.S. Dollar Index is trading up 0.51 at 103.27. The Dow Jones Industrial Average is down 513.71 points at 30,739.42. June gold is down $0.80 at $1,840.40, July silver is down $0.27 at $21.64 and July copper is down $0.0125. July crude oil is up $0.45 at $110.34, July heating oil is down $0.0445, July RBOB gasoline is up $0.0060 and July natural gas is down $0.222.