DTN Closing Grain Comments 12/04 06:25
Soy Complex Closes Lower With More Rain Coming To Central Brazil
January soybeans closed down 17 3/4 cents Friday, also accompanied by lower
closes in soybean meal, bean oil and canola with rains expected to pick up in
central Brazil this weekend. March corn was up 2 cents and March contracts of
winter wheat ended modestly higher.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
March corn closed up 2 cents and July corn was up 1 3/4 cents. January
soybeans closed down 17 3/4 cents and July soybeans were down 13 3/4 cents.
March KC wheat closed up 3 3/4 cents, March Chicago wheat was up 4 3/4 cents
and March Minneapolis wheat was up 3/4 cent.
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