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Mayfield Grain Company, Inc.

 

 
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DTN Closing Grain Comments    10/04 13:53
   Wheat Markets Crater as Dollar Surges; Corn, Soy Markets Head Lower

   Wheat and corn continued to correct lower Friday, with wheat selling more
intense following a better-than-expected jobs number leading to the fifth
consecutive rise in the U.S. Dollar Index. Soybeans and soy products faltered
after a firmer opening as rain chances improved for Brazil and the U.S. harvest
weather remains favorable for the next few weeks.

Dana Mantini
Senior Market Analyst

GENERAL COMMENTS:

   December corn closed down 3 1/2 cents per bushel at $4.24 3/4 and March corn
was down 4 1/4 cents at $4.41 3/4. November soybeans closed down 8 1/4 cents at
$10.37 3/4 and January soybeans were down 8 1/2 cents at $10.56 0/1. December
KC wheat closed down 13 1/2 cents at $5.98, December Chicago wheat was down 13
3/4 cents at $5.89 3/4 and December Minneapolis wheat was down 7 3/4 cents at
$6.38 1/2.
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