DTN Closing Grain Comments 05/23 13:54
Corn, Wheat and US Stocks Trade Higher Monday
After a week of sharp selling in the stock market that left investors on
edge last week, Monday's trading saw a mostly green commodity board with active
contracts of corn, wheat and the Dow Jones futures all higher. July soybeans
closed lower however, with bearish influence from meal.
DTN Lead Analyst
July corn closed up 7 1/2 cents and December corn was up 7 cents. July
soybeans closed down 18 1/4 cents and November soybeans were down 3 cents. July
KC wheat closed up 23 3/4 cents, July Chicago wheat was up 21 1/4 cents and
September Minneapolis wheat was up 18 3/4 cents. The June U.S. Dollar Index is
trading down 1.00 at 102.17. The Dow Jones Industrial Average is up 659.0
points at 31,920.90. June gold is up $11.30 at $1,853.40, July silver is up
$0.14 at $21.81 and July copper is up $0.0650. July crude oil is up $0.09 at
$110.37, July heating oil is up $0.0316, July RBOB gasoline is down $0.0023 and
July natural gas is up $0.622.
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