DTN Closing Grain Comments 11/03 13:53

DTN Closing Grain Comments 11/03 13:53 Corn and Soy Fall on Outside Market Pressure, Poor Export Sales; Wheat Mostly Lower Corn and soybean markets fell hard Thursday, influenced by a host of market factors. The expected fourth .75 rise in the short-term interest rates by the Fed, along with poor export sales, and weak outside markets, sent the corn and soy markets lower. Wheat traded both sides of unchanged before late-day selling moved all but KC lower again. China's decision to continue with their zero-COVID policy also provided a negative undertone to demand. Dana Mantini Senior Market Analyst GENERAL COMMENTS: December corn closed down 8 1/4 cents per bushel and March corn was down 8 cents. November soybeans closed down 13 1/4 cents and January soybeans were down 17 cents. December KC wheat closed up 1 cent, December Chicago wheat was down 5 1/2 cents and December Minneapolis wheat was down 5 3/4 cents. The December U.S. Dollar Index is trading up 1.609 at 112.835. The Dow Jones Industrial Average is down 8.47 points at 32,139.29. December gold is down $17.20 at $1,632.80, December silver is down $0.11 at $19.49 and December copper is down $0.0380 at $3.4305. December crude oil is down $1.67 at $88.33, December heating oil is up $0.1906, December RBOB is down $0.0022 and December natural gas is down $0.280.