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Latin America
Grains Fall Thursday
DTN Closing Grain Comments 01/17 14:28
Grains Fall Thursday
Headlines were the driving force Thursday, particularly in the soybean
market. Corn and wheat were left to follow wherever beans chose to take them.
By Darin Newsom
DTN Senior Analyst
General Comments:
Corn closed 6 3/4 cents lower in the March and 6 cents lower in the May.
Soybeans closed 6 1/4 cents lower in the March and 6 1/2 cents lower in the
May. Wheat closed 3 3/4 cents lower in the March Chicago, 5 1/2 cents lower in
the March Kansas City, and 1 1/2 cents lower in the March Minneapolis. The U.S.
dollar index is 0.133 lower at 79.671. February gold is $6.00 higher at
$1,689.20 while March silver is $0.268 higher and March copper is $.0545
higher. The Dow Jones Industrial Average is 113 points higher at 13,624.
February crude oil is $1.08 higher at $95.32. February heating oil is $.0209
higher while February RBOB gasoline is $.0471 higher and February natural gas
is $0.050 higher.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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