DTN Closing Grain Comments 03/28 13:52
Soybeans, Meal Surge Higher Ahead of Friday's USDA Reports
May soybeans closed up 25 1/2 cents and May soybean meal was up $11.90, both
fighting back from last week's sharp selloff with a chance Friday's Grain
Stocks report will show soybeans still on track for tight supplies this summer.
May KC wheat was up 12 1/4 cents to a new one-month high.
DTN Lead Analyst
May corn closed down 1 cent and December corn was up 2 1/2 cents. May
soybeans closed up 25 1/2 cents and November soybeans were up 15 1/4 cents. May
KC wheat closed up 12 1/4 cents, May Chicago wheat was up 1 3/4 cents and May
Minneapolis wheat was up 9 cents.
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