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Sunday, May 26, 2024  
 
 
 
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DTN Closing Grain Comments    05/24 13:50
   Soybean Meal Prices Pull Soybeans Higher Friday

   July soybeans closed up 8 3/4 cents Friday, pulled higher by a $9.80 gain in
July soybean meal, a strong sign of demand. July contracts of KC and
Minneapolis wheats were also higher Friday and for the week, helped by ongoing
concerns about dry crop conditions around the Black Sea.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed up 3/4 cent and December corn was up 1 3/4 cents. July
soybeans closed up 8 3/4 cents and November soybeans were up 3 1/2 cents. July
KC wheat closed up 10 1/2 cents, July Chicago wheat was down 3/4 cent and July
Minneapolis wheat was up 8 3/4 cents.
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