DTN Closing Grain Comments 06/09 13:59
Soybean Oil Emerges as Largest Gainer After USDA Leaves Production Estimates
July soybean oil closed 5.09 cents higher than a week ago, the largest
percentage gainer among grain-related contracts with possible help from a
dispute in Europe. Soybean prices got a lift from the new interest in bean oil,
while corn and KC wheat ended lower.
DTN Lead Analyst
July corn closed down 6 cents and December corn was down 2 1/2 cents. July
soybeans closed up 23 1/4 cents and November soybeans were up 15 1/4 cents.
July KC wheat closed down 7 cents, July Chicago wheat was up 4 cents and
September Minneapolis wheat was down 5 1/2 cents.
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