Weather DTN Ag Headlines Grain Soybeans News Corn News Cotton News Wheat News DTN Renewable Fuels
 Francis-Mustoe & Company
  Home  
  About Us  
  Offices  
  Staff  
  Daily Markets  
  Historical Markets  
  Weekly Markets  
  Reports  
  Calendar  
  Contact Us  
 
 
Printable Page Soybeans News   Return to Menu - Page 1 2 3 4 5
 
 
DTN Closing Grain Comments    11/19 13:47
   Row Crops Row Crops Lower at Midweek as Traders Adhere to Technical Signs

   The market turned lower across the board Wednesday in a general risk-off
session which stretched from commodities to equity markets. In terms of
agricultural products, despite no overtly bearish news to point to on
Wednesday, there was also little on the bullish side to sustain momentum
against firm chart resistance which may have long-term implications, especially
for the soybean market. Energy markets were weaker on Wednesday and added a
layer of pressure to corn and soybean oil markets, despite the weekly EIA
Petroleum Status report showing lower U.S. crude inventories week over week.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed down 7 cents and March corn was down 8 cents. January
soybeans closed down 17 1/4 cents and March soybeans were down 15 3/4 cents.
December KC wheat closed down 10 3/4 cents, December Chicago wheat was down 9
3/4 cents, December MIAX Minneapolis wheat was down 1 1/2 cents.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Our Disclaimer
Powered By DTN