DTN Closing Grain Comments 05/25 13:50
25 May 2022
DTN Closing Grain Comments 05/25 13:50 Spring Wheat, Corn Rally Back to Higher Closes Wednesday July corn and September Minneapolis wheat both overcame lower starts early Wednesday and finished with small gains on the day, still supported by limited supplies and active demand. July soybeans ended lower on the day, but still enjoy strong demand and are not far from their high for 2022. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 1/2 cent and December corn was down 2 cents. July soybeans closed down 12 cents and November soybeans were down 4 3/4 cents. July KC wheat closed down 4 1/2 cents, July Chicago wheat was down 6 1/2 cents and September Minneapolis wheat was up 3 1/2 cents. The June U.S. Dollar Index is trading up 0.33 at 102.20. The Dow Jones Industrial Average is up 67.61 points at 31,996.23. June gold is down $15.50 at $1,849.90, July silver is down $0.13 at $21.94 and July copper is down $0.0365. July crude oil is up $0.73 at $110.50, July heating oil is up $0.1012, July RBOB gasoline is up $0.040 and July natural gas is up $0.172.