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DTN Closing Grain Comments 12/05 13:53
Corn, Winter Wheat Prices Push Higher; Soybeans End Slightly Lower
March contracts of corn and winter wheat finished with modest gains Tuesday,
helped by bull-spreading in corn and another export sale announcement of SRW
wheat to China. January soybeans ended down 3/4 cent, still pressured by a wet
forecast for Brazil.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
March corn closed up 5 cents and July corn was up 4 1/2 cents. January
soybeans ended down 3/4 cent and July soybeans were steady. March KC wheat
closed up 5 cents, March Chicago wheat was up 10 3/4 cents and March
Minneapolis wheat was up 2 3/4 cents.
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