DTN Closing Grain Comments 03/27 14:04
03/27/2023
DTN Closing Grain Comments 03/27 14:04
Soybean Oil Leads Grain Sector Higher; US Banking Fears Ease
After losing over 4 cents last week, May soybean oil closed up 1.28 cents
Monday, the largest percentage gain among grain-related contracts as the entire
grain sector closed higher with help from visible relief in the banking sector.
May corn was up 5 1/4 cents and May KC wheat was up 12 1/4 cents.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
May corn closed up 5 1/4 cents and December corn was up 9 1/2 cents. May
soybeans closed up 14 cents and November soybeans were up 15 1/4 cents. May KC
wheat closed up 12 1/4 cents, May Chicago wheat was up 9 1/2 cents and May
Minneapolis wheat was up 16 cents.