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DTN Closing Grain Comments 01/27 14:01
Soybean, Meal Prices Lower With Another Shot of Rain for Argentina
March soybeans closed down 14 cents and March meal was down $3.60, pressured
a bit by another chance of decent rains for Argentina this weekend into early
next week. Corn and wheat prices were mixed to higher with colder-than-normal
temperatures offering some threat to HRW wheat crops Sunday and a few days
following.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
March corn closed up 1/2 cent and July corn was down 2 1/4 cents. March
soybeans closed down 14 cents and July soybeans were down 8 1/2 cents. March KC
wheat closed up 4 1/2 cents, March Chicago wheat was down 2 1/2 cents and March
Minneapolis wheat was up 3 1/2 cents.
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