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DTN Closing Grain Comments 05/27 13:55

27 May 2022
DTN Closing Grain Comments 05/27 13:55 Grain, Oilseed Prices End Higher on Way to 3-Day Break Active contracts of corn, soybeans and all three U.S. wheats were higher Friday, supported largely by limited supplies of all three as we head into Memorial Day weekend and toward new-crop seasons. July soybean oil was the only red quote in Friday's grain sector, ending down 0.95 cent, even though July crude oil was trading higher Friday afternoon, near $115 a barrel and on track for a new high close. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: July corn closed up 12 1/4 cents and December corn was up 11 1/4 cents. July soybeans closed up 5 3/4 cents and November soybeans were down 3/4 cent. July KC wheat closed up 6 3/4 cents, July Chicago wheat was up 14 1/4 cents and September Minneapolis wheat was up 13 cents. The June U.S. Dollar Index is trading down 0.11 at 101.75. The Dow Jones Industrial Average is up 357.44 points at 32,994.63. June gold is up $2.40 at $1,850.0, July silver is up $0.14 at $22.10 and July copper is up $0.0540. July crude oil is up $1.12 at $115.21, July heating oil is up $0.0601, July RBOB gasoline is up $0.1186 and July natural gas is down $0.222.