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DTN Closing Grain Comments 04/30 13:48
Grains, Oilseeds Close Lower Tuesday Pressured By Harvests, Deliveries
The quote board for grains and oilseeds was all red Tuesday with the largest
percentage losses in soybean oil, canola and Kansas City wheat. Bearish
pressure came from several directions, including southern harvests, overnight
deliveries, a U.S. rain forecast and nervousness about an impending
announcement regarding sustainable aviation fuel.
Todd Hultman
DTN Lead Analyst
GENERAL COMMENTS:
July corn closed down 2 1/2 cents and December corn was down 3 1/4 cents.
July soybeans closed down 19 cents and November soybeans were down 18 1/2
cents. July KC wheat closed down 15 1/4 cents, July Chicago wheat was down 5
1/4 cents and July Minneapolis wheat was down 3 1/2 cents.
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