0
0
0
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 
 

 
Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Closing Grain Comments    07/18 13:41
   Wheat Awakens to Lead Row Crops to Strong Weekly Finish

   Grain futures rebounded from a shaky Thursday session to roll into the
weekend with strong gains, led by wheat finally catching a bid amid contract
lows to trade double-digits higher for winter varieties. Meanwhile, soybeans
strung together three solid days to close the week, adding over 30 cents of
value to the new-crop November contract from Tuesday's close. Commodity markets
did fade off daily highs as the session wore on Friday, with profit-taking
beginning in energy markets before seeping into agriculture markets by late
morning. After Friday's close, traders will want to tune in for the CFTC's
latest Commitments of Traders Report which will shed light on trader positions
as of Tuesday's close.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed up 6 1/2 cents and December corn was up 6 3/4 cents.
August soybeans closed up 6 1/4 cents and November soybeans were up 9 1/4
cents. September KC wheat closed up 11 1/2 cents, September Chicago wheat was
up 12 3/4 cents, September MIAX Minneapolis wheat was up 1/2 cents.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN