DTN Closing Grain Comments 02/22 13:45
Corn Again Falls to New Low; Soy Complex Crumbles as Soymeal, Soybean Oil
Set New Lows
The beat goes on with nearby corn futures falling to a new contract low
Thursday. That would be the ninth day out of the past 12 days that corn has
reached a new low. Soybeans, soymeal, and bean oil all fell to sizable losses,
with beans hitting a low not seen since May 31, and soymeal and bean oil
setting new lows in tandem. Wheat finished mixed to mostly lower and well under
the daily highs, rejecting early strength.
For more free DTN information sent right to your email each morning - click here
to sign up for DTN Snapshot.