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DTN Closing Grain Comments 10/03 13:54
US Crop Prices Survive Bearish Outside Influence With Mixed Closes
December corn closed down 1 1/4 cents and November soybeans were down 4 1/4
cents, up from earlier lows on a day when most commodity prices succumbed to
the bearish influence of a lower stock market, higher Treasury yields and a
higher U.S. Dollar Index. All three U.S. wheats ended higher, in spite of
Tuesday's outside influences.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
December corn closed down 1 1/4 cents and July corn was down 2 1/4 cents.
November soybeans closed down 4 1/4 cents and July soybeans were down 6 1/4
cents. December KC wheat closed up 6 1/2 cents, December Chicago wheat was up 3
3/4 cents and December Minneapolis wheat was up 6 3/4 cents.
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