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Latin America
DTN Closing Grain Comments 02/20 14:30
DTN Closing Grain Comments 02/20 14:30
Grains Defy U.S. Dollar Index, Close Higher
Despite a sharp rally in the U.S. dollar index that crushed most other
commodities, grains were able to weather the storm and close higher. Early
buying was centered in the bean complex, then radiated out to corn and wheat as
the session progressed. Weather does remain the key issue both at home --
Winter Storm Q -- and in other parts of the world -- disappointing South
American rains of late.
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