By DTN/The Progressive Farmer
Fri 18 Jan 2013 15:00:00 CT
DTN Closing Grain Comments 01/18 14:28
Grains Post Strong Gains for the Week
All three grains have moved to uptrends, though commercial selling was
evident in the latter part of the week in both corn and soybeans.
By Darin Newsom
DTN Senior Analyst
Corn closed 3 cents higher in the March and 4 cents higher in the May.
Soybeans closed 1 cent lower in the March and 2 cents higher in the May. Wheat
closed 10 cents higher in the March Chicago, 6 3/4 cents higher in the March
Kansas City, and 2 1/4 cents higher in the March Minneapolis. The U.S. dollar
index is 0.337 higher at 79.986. February gold is $4.70 lower at $1,686.10
while March silver is $0.070 higher and March copper is $0.0170 lower. The Dow
Jones Industrial Average is 19 points higher at 13,615. February crude oil is
$0.02 higher at $95.51. February heating oil is $.0316 higher while February
RBOB gasoline is $.0296 higher and February natural gas is $0.077 higher.
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