DTN Closing Grain Comments 10/09 13:53
Quiet Session For Grains as Market Awaits Friday's USDA Estimates
Nearby corn, soybeans, and wheat contracts all made marginal gains Wednesday
in what was overall a quiet session. The improved outlook of better South
American weather seems to have been at least momentarily priced into the market
as corn and soybeans found footing Wednesday and wheat continues to attempt an
upward breakout.
Rhett Montgomery
DTN Lead Analyst
GENERAL COMMENTS:
December corn closed up 1/4 cents and March corn was down 1/4 cents.
November soybeans closed up 4 cents and March soybeans were up 2 1/4 cents.
December KC wheat closed up 5 cents, December Chicago wheat was up 4 1/4 cents
and December Minneapolis wheat was up 3 3/4 cents.
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