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DTN Closing Grain Comments

Chicago Wheat Lifts Grains Higher

September Chicago wheat closed up 24 cents Wednesday, sending shorts running for cover as SRW wheat faces a bullish supply situation in 2020. Even with rain falling in Iowa and Illinois, December corn received enough help from wheat to end up 1/4 cent and November soybeans closed up 5 1/4 cents.

DTN Closing Livestock Comments

Cattle Contracts Jumped Higher

Heading into the second half of the week, cattle contracts have been motivated to press higher. Producers are hoping the complex won't simply give it all away.

DTN Daily Feedstuffs Comments

Soybean Complex Turns Higher Tuesday

Soybeans recovered Tuesday to close higher with meal and oil closing higher as well.

DTN Closing Dairy Comments

Cheese Demand Holds Strong

Class III milk futures took a large hit Wednesday with August and September limit down. This means there will be expanded limits Thursday of $1.50. Reports are that there are numerous plants that are running close to capacity with sufficient milk available for demand.

DTN Daily Ethanol Comments

Ethanol Futures Lower Again Wednesday

August ethanol futures closed down 2.8 cents at $1.205 Wednesday and September was down 2.8 cents at $1.170. September corn closed up 1/4 cent at $3.26 1/4 and December corn was up 1/4 cent at $3.34.

DTN Retail Fertilizer Trends

As Temps Rise, Retail Fertilizer Prices Continue to Fall

Average retail prices for all eight major fertilizers were lower the first week of July 2020 for the fifth consecutive week.

DTN Closing Cotton Commentary

Cotton Lower on Corrective Selling

The cotton market posted a third day down as traders and speculators booked profits, as well as initiated outright short positions.

DTN Plains, Prairies Closing Comments

Wheat Leads Grains Higher on Possible Chinese Demand

SRW closed 16 1/4 to 21 cents higher, spring wheat settled 8 1/4 to 9 cents higher, soybeans ended 3 to 8 1/4 cents lower, canola ended $0.60/mt to $1.40/mt lower, while corn ended unchanged to 1/4 cent higher.

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