DTN Closing Grain Comments 10/27 13:52
Corn Sheds Harvest Pressure, Surges to New Highs
December corn finished up 13 3/4 cents at $5.57 1/4 Thursday, posting its
highest close in two months with harvest roughly two-thirds complete. December
crude oil is trading down $1.95 after the Department of Energy reported higher
inventories, helping the yield on 10-year T-notes drop to 1.53%.
DTN Lead Analyst
December corn closed up 13 3/4 cents and March corn was up 13 3/4 cents.
November soybeans closed up 1 1/4 cents and March soybeans were up 2 1/4 cents.
December KC wheat closed up 5 1/2 cents, December Chicago wheat was up 7 1/2
cents and December Minneapolis wheat was up 1/2 cent. The December U.S. Dollar
Index is trading down 0.18 at 93.76. The Dow Jones Industrial Average is down
68.58 points at 35,688.30. December gold is up $6.30 at $1,799.70, December
silver is up $0.14 at $24.23 and December copper is down $0.0905. December
crude oil is down $1.95 at $82.70, December heating oil is down $0.060,
December RBOB gasoline is down $0.0651 and December natural gas is up $0.238.
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