| |
DTN Closing Grain Comments 12/20 14:40
Ag Markets Finish Week On Strong Note, Recapture Wednesday Losses
The ag complex wrapped up a volatile pre-Christmas trading week Friday with
a widespread positive session for ag futures, as soybeans and corn regained the
vast majority of Wednesday's losses over the past two sessions. Wheat futures
are also recovering albeit to a lesser degree than that of corn and soybeans,
as the U.S. Dollar has taken a breather after hitting yet another high dating
back over two years. Other outside markets leaned positive with equities
stronger to close the week, and crude oil prices fighting off early weakness to
move slightly higher as well.
Rhett Montgomery
DTN Lead Analyst
GENERAL COMMENTS:
March corn closed up 5 1/2 cents and May corn was up 5 1/2 cents. January
soybeans closed up 11 1/2 cents and March soybeans were up 12 3/4 cents. March
KC wheat closed up 1 1/2 cents, March Chicago wheat was down 0 cents and March
Minneapolis wheat was up 3 1/2 cents.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
|
|
