Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Closing Grain Comments    06/01 13:49
   New-Crop Corn, Soybean Prices Higher as Drought Monitor Raises Concerns

   December corn closed up 8 1/4 cents and November soybeans were up 22 1/2
cents after Thursday's U.S. Drought Monitor showed an expansion of abnormally
dry conditions throughout the Midwest. A second manufacturing index from China
contradicted Wednesday's bearish news and showed slight expansion in May,
giving soybean prices extra lift Thursday.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 1 1/2 cents and December corn was up 8 1/4 cents. July
soybeans closed up 29 3/4 cents and November soybeans were up 22 1/2 cents.
July KC wheat closed up 12 cents, July Chicago wheat was up 16 1/2 cents and
September Minneapolis wheat was up 8 1/4 cents.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN