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DTN Closing Grain Comments 10/08 14:17
Energy Correction, Brazil Rains Weigh on Grain Markets
Corn, soybeans, and wheat all finished lower Tuesday as weakness in the
energy market spilled over into the ag markets. Better precipitation prospects
in South America as well as steady U.S. harvest pace also pressured markets.
Rhett Montgomery
DTN Lead Analyst
GENERAL COMMENTS:
December corn closed down 5 1/4 cents and March corn was down 4 1/2 cents.
November soybeans closed down 17 3/4 cents and March soybeans were down 18 1/2
cents. December KC wheat closed up 1/2 cents, December Chicago wheat was up 2
1/4 cents and December Minneapolis wheat was up 1 cents.
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