DTN Closing Grain Comments 01/25 13:54
Winter Wheat Pushes Higher; Row Crops Mixed
March contracts of KC and Chicago wheats both posted double-digit gains
again Tuesday, riding the bullish momentum generated by tensions with Russia
over Ukraine. March corn traded higher most the day, but finished down a penny,
while March soybeans and bean oil held small gains.
DTN Lead Analyst
March corn closed down 1 cent and July corn was up 3 1/2 cents. March
soybeans closed up 4 1/4 cents and July soybeans were up 6 1/4 cents. March KC
wheat closed up 16 1/2 cents, March Chicago wheat was up 17 1/2 cents and March
Minneapolis wheat was down 1 1/4 cents. The March U.S. Dollar Index is trading
up 0.09 at 96.0. The Dow Jones Industrial Average is up 39.23 points at
34,403.73. February gold is up $10.40 at $1,852.10, March silver is up $0.19 at
$23.99 and March copper is up $0.0585. March crude oil is up $2.17 at $85.48,
March heating oil is up $0.0426, March RBOB gasoline is up $0.0578 and March
natural gas is up $0.025.
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