DTN Closing Grain Comments 09/20 13:51
Crop Prices End Mostly Higher After Fed Keeps Rates Unchanged
December corn closed up 6 cents and November soybeans were up 4 1/2 cents,
taking a break from harvest pressure with rain in the forecast and after
hearing a lower crop estimate for Brazil's corn in 2024. Two U.S. wheats were
modestly higher, but December KC wheat ended down 2 cents.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
December corn closed up 6 cents and July corn was up 6 1/4 cents. November
soybeans closed up 4 1/2 cents and July soybeans were up 4 3/4 cents. December
KC wheat closed down 2 cents, December Chicago wheat was up 4 3/4 cents and
December Minneapolis wheat was up 3 3/4 cents.
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