DTN Closing Grain Comments 10/13 13:49

DTN Closing Grain Comments 10/13 13:49 Grain, Soy Recover in a Round-Tripper, After Bad Inflation News The much-awaited Consumer Price Index (CPI) report from the government was released early Thursday and pummeled both financial and ag markets initially, but grain and soybean markets were able to recover to finish higher, overcoming the stigma of more demand-dampening interest rate hikes. Wheat led markets back on news that Russia may be getting closer to nixing the ongoing Ukraine grain exporting agreement. Dana Mantini Senior Market Analyst GENERAL COMMENTS: December corn closed up 4 3/4 cents per bushel and March corn was up 5 cents. November soybeans closed down 1/4 cent and January soybeans were up 1/2 cent. December KC wheat closed up 12 1/4 cents, December Chicago wheat was up 10 cents and December Minneapolis wheat was up 9 3/4 cents. The December U.S. Dollar Index is trading down 0.969 at 112.255. The Dow Jones Industrial Average is up 745.09 points at 29,955.94. December gold is down $3.40 at $1,674.10, December silver is down $0.06 at $18.88 and December copper is up $0.0405 at $3.4655. November crude oil is up $1.94 at $89.21, November heating oil is up $0.1797, November RBOB is up $0.0743 and November natural gas is up $0.297.