DTN Closing Grain Comments 06/17 13:54
17 Jun 2022
DTN Closing Grain Comments 06/17 13:54 Wheat Markets Tank; Corn, Soy Give Up Early Gains and Close Lower Grain and soy markets gave up early gains with wheat plunging and dragging down the other markets. The sudden collapse in crude oil prices pulled down soybean oil for a seventh consecutive lower close. Corn and soybeans finished in the red and well below morning highs. Dana Mantini Senior Market Analyst GENERAL COMMENTS: July corn closed down 3 3/4 cents per bushel and December corn was down 4 cents. July soybeans closed down 7 1/2 cents and November soybeans were down 5 3/4 cents. July KC wheat closed down 43 1/2 cents, July Chicago wheat was down 44 cents and September Minneapolis wheat was down 39 1/2 cents. The September U.S. Dollar Index is trading up 1.023 at 104.440. The Dow Jones Industrial Average is up 99.60 points at 30,026.67. August gold is down $8.50 at $1,841.40, July silver is down $0.27 at $21.62 and July copper is down $0.0865 at $4.0215. July crude oil is down $8.25 at $109.34, August heating oil is down $0.1949, July RBOB is down $0.1708 and July natural gas is down $0.508.