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DTN Closing Grain Comments 12/07 14:05
Corn, Soybean, Wheat Prices All Higher Thursday, Led By Gain in Soybean Oil
The active contracts of corn, soybeans and all three wheats closed higher
Thursday with the largest percentage gain seen in January soybean oil, up 1.79
cents. USDA's export sales report showed another active week of sales for corn
and soybeans, while wheat prices continue to benefit from this week's sales to
China.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
March corn closed up 3 3/4 cents and July corn was up 4 cents. January
soybeans closed up 16 1/4 cents and July soybeans were up 14 cents. March KC
wheat closed up 11 1/2 cents, March Chicago wheat was up 8 3/4 cents and March
Minneapolis wheat was up 6 3/4 cents.
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