DTN Closing Grain Comments 09/21 13:47

DTN Closing Grain Comments 09/21 13:47 Markets See Volatile, Wide-Ranging Trade; Wheat Rises on Russia Threats Despite Dollar Surge In erratic and wide-ranging trade Wednesday, corn and soybeans fell while wheat was able to recover to close higher on word that Russia was set to escalate the war effort in Ukraine. Corn and soy were pressured by the advancing harvest, continued concern over the global and U.S. economies, and China's sagging demand as the result of COVID lockdowns. The wheat strength was in spite of the U.S. dollar rising to the highest level since June of 2022. Dana Mantini Senior Market Analyst GENERAL COMMENTS: December corn closed down 6 1/2 cents per bushel and March corn was down 6 1/2 cents. November soybeans closed down 17 1/2 cents and January soybeans were down 17 1/2 cents. December KC wheat closed up 4 cents, December Chicago wheat was up 10 cents and December Minneapolis wheat was up 8 cents. The December U.S. Dollar Index is trading up 1.183 at 111.125. The Dow Jones Industrial Average is down 255.52 points at 30,450.71. December gold is up $0.20 at $1,671.30, December silver is up $0.26 at $19.45 and December copper is down $0.0855 at $3.4175. November crude oil is down $1.09 at $82.85, November heating oil is down $0.0498, November RBOB is up $0.0178, and October natural gas is up $0.068.