DTN Closing Grain Comments 05/22 13:47
July Corn Leads Grains Higher
July corn closed higher on Wednesday with support from increased U.S.
ethanol production and the continuation of strong basis levels after Monday's
Crop Progress report. July soybeans posted their highest close in over seven
months in spite of much lower basis levels reported on Tuesday. July Kansas
City wheat closed higher with ongoing drought conditions hurting the U.S. hard
red winter wheat crop.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.