DTN Closing Grain Comments 08/23 13:42
December Corn Tumbles To New Low
Less than a year after posting a seasonal low of $3.58 1/2 in 2016, December
corn closed down 4 1/4 cents Wednesday to a new closing low of $3.55 3/4.
November soybeans ended up a half-cent after bullish news of a new import duty
on biodiesel lifted soybean oil prices higher, but was offset by news that
China cancelled previous soybean sales totaling 23.6 million bushels.
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