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Jefferson City MFA AgriServices
1009 4th Street Click for MAP

Jefferson City, MO 65101

CLICK - MFA CONNECT

(573) 635-7183
Mo
n-Fri 8am-5pm
Sat 8am - Noon 
 

 
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DTN Closing Grain Comments    05/20 14:00
   Grain, Soy Markets Crash Wednesday on Good Weather, Iran Peace Hopes

   Corn and soybean futures led markets lower on Wednesday, pressured by a
favorable forecast over the next few weeks and some renewed optimism that
negotiators could be making some progress on an Iran peace deal. Bean oil
futures fell along with crude oil, which at the time of writing, was down more
than $6 per barrel.

Dana Mantini
Senior Market Analyst

GENERAL COMMENTS:

   July corn closed down 9 1/2 cents per bushel at $4.65 3/4 and September
closed down 9 cents per bushel at $4.72 1/2 and July soybeans closed down 9 3/4
cents at $11.99 3/4 and August soybeans were down 10 1/2 cents at $11.99 1/4.
July KC wheat closed down 5 cents at $6.98 3/4, July Chicago wheat was down 6
3/4 cents at $6.60 1/2 and MIAX July Minneapolis wheat was down 0.01 cents at
$6.945.
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