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DTN Closing Grain Comments 05/31 13:50
Crop Prices Continue Post-Memorial Day Slide on Friday
Corn and soybean prices started higher Friday, but finished lower by the end
of the session, finding no significant support since USDA reported planting
progress on Tuesday. Wheat prices were mixed with a mostly dry forecast still
ahead for crops in southwestern Russia.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
July corn closed down 2 1/2 cents and December corn was down 4 cents. July
soybeans closed down 4 3/4 cents and November soybeans were down 5 1/2 cents.
July KC wheat closed down 3/4 cent, July Chicago wheat was down 2 1/2 cents and
July Minneapolis wheat was down 2 1/4 cents.
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