DTN Closing Grain Comments 01/19 13:50
Grains Stampede Higher Led by Canola, Wheat, Bean Oil
March contracts of all grain futures closed higher Wednesday, led by
increases in canola, wheat and soybean oil. Corn and soybeans also closed
sharply higher, in spite of rain in the forecast for Argentina.
DTN Lead Analyst
March corn closed up 11 cents and July corn was up 10 3/4 cents. March
soybeans closed up 30 cents and July soybeans were up 29 1/2 cents. March KC
wheat closed up 27 1/4 cents, March Chicago wheat was up 27 1/2 cents and March
Minneapolis wheat was up 30 cents. The March U.S. Dollar Index is trading down
0.18 at 95.54. The Dow Jones Industrial Average is down 151.20 points at
35,217.27. February gold is up $30.20 at $1,842.60, March silver is up $0.71 at
$24.21 and March copper is up $0.0750. March crude oil is up $1.00 at $85.83,
March heating oil is up $0.0211, March RBOB gasoline is up $0.0281 and March
natural gas is down $0.254.
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