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DTN Closing Grain Comments 04/22 14:25
Corn Ends Limit Up; Soybeans, Wheat Also Higher
July corn closed up its 25-cent limit Thursday, accompanied by strong gains
in wheat, soybeans and soy products. Rising cash bids of corn and soybeans
continue to spread throughout the country as commercials vie for limited
supplies.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
July corn closed up 25 cents and December corn was up 16 3/4 cents. July
soybeans closed up 34 3/4 cents and November soybeans were up 28 cents. July KC
wheat closed up 37 cents, July Chicago wheat was up 35 1/2 cents and July
Minneapolis wheat was up 29 1/2 cents. The June U.S. Dollar Index is trading up
0.25 at 91.38. The Dow Jones Industrial Average is down 301.78 points at
33,835.53. June gold is down $13.00 at $1,780.10, May silver is down $0.47 at
$26.10 and May copper is down $0.0145. June crude oil is up $0.09 at $61.44,
June heating oil is up $0.0075, June RBOB gasoline is down $0.0074 and June
natural gas is up $0.057.
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