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DTN Closing Grain Comments 09/26 15:08

26 Sep 2022
DTN Closing Grain Comments 09/26 15:08 More Broad-Based Commodity Selling as US Dollar Soars Active contracts of corn, soybeans and all three U.S. wheats were lower again Monday, still pressured by market investors worried about the rising U.S. dollar and the anticipation of more rate hikes ahead. November crude oil was also trading lower, exerting further bearish pressure on corn and soybean prices. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: December corn closed down 10 1/2 cents and July corn was down 10 1/2 cents. November soybeans closed down 14 1/2 cents and July soybeans were down 15 3/4 cents. December KC wheat closed down 21 cents, December Chicago wheat was down 22 1/2 cents and December Minneapolis wheat was down 18 cents. The December U.S. Dollar Index is trading up 1.12 at 114.08. The Dow Jones Industrial Average is down 286.01 points at 29,304.40. December gold is down $23.90 at $1,631.70, December silver is down $0.53 at $18.38 and December copper is down $0.0555. November crude oil is down $1.90 at $76.84, November heating oil is down $0.1152, November RBOB gasoline is down $0.0098 and November natural gas is up $0.077.