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DTN Closing Grain Comments 01/26 13:39
Soybeans, Soymeal and Wheat Lead Grain-Soy Complex Higher
Thursday trade began the day with solid gains and ended with each market
closing convincingly higher. Soybeans and soymeal have made a big recovery from
early weak fund selling, and wheat and corn markets are also on the rise on
weather concerns, with KC wheat soaring.
Dana Mantini
Senior Market Analyst
GENERAL COMMENTS:
March corn closed up 7 3/4 cents per bushel and May corn was up 6 3/4 cents.
March soybeans closed up 21 cents and May soybeans were up 18 1/4 cents. March
KC wheat closed up 21 1/2 cents, March Chicago wheat was up 11 1/4 cents and
March Minneapolis wheat was up 5 1/4 cents.
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