DTN Market Commentary

DTN Closing Grain Comments 12/10 13:43

12/10/2019 - 14:14:00

DTN Closing Grain Comments    12/10 13:43
   Soybeans Close Higher Again; Wheat Rallies on Bullish WASDE Change

   Soybeans rose Tuesday after only minor changes in the USDA WASDE report and
despite word U.S.-China trade negotiators might again extend the deadline for
new tariffs. The later a new deal is finalized, the less the U.S. benefits, as
we get closer to new-crop South American harvest. Wheat and corn overcame early
pressure to finish higher on the heels of slightly bullish WASDE changes in
wheat.