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DTN Closing Grain Comments 09/20 13:41
Soybean Prices Recover From Early Selling To End Week Modestly Higher
November soybeans traded 12 cents lower early Friday but finished down just
1 1/4 cents on the day, saving a small gain of 5 3/4 cents on the week, helped
by unexpected support from soybean oil. Corn and wheat prices finished lower on
the week with wheat prices showing the grain sector's largest percentage
losses, pressured by rain in the forecast.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
December corn closed down 4 cents and March corn was down 4 1/4 cents.
November soybeans closed down 1 1/4 cents and March soybeans were down 1 1/2
cents. December KC wheat closed down 1/2 cent, December Chicago wheat was up 3
cents and December Minneapolis wheat was up 2 1/2 cents.
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