12/2/2022 - 14:30:00
DTN Closing Grain Comments 12/02 13:59 Corn, Wheat Finish Bearish Week With Lower Friday Closes Noncommercial selling dominated Friday's grain markets, taking March contracts of corn and all three U.S. wheats to double-digit losses, along with a 2.16 cent drop in January soybean oil. If there was a theme to the day, it was a disappointment of demand that January soybeans and meal escaped. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: March corn closed down 14 1/4 cents and July corn was down 9 3/4 cents. January soybeans closed up 8 3/4 cents and July soybeans were up 10 cents. March KC wheat closed down 19 1/2 cents, March Chicago wheat was down 22 cents and March Minneapolis wheat was down 16 3/4 cents. The December U.S. Dollar Index is steady at 104.69. The Dow Jones Industrial Average is down 104.58 points at 34,290.43. February gold is down $6.00 at $1,809.20, March silver is up $0.50 at $23.34 and March copper is up $0.0350. January crude oil is down $1.34 at $79.88, January ultra-low sulfur diesel is down $0.1039, January RBOB gasoline is down $0.0666 and January natural gas is down $0.430.