March KC wheat closed up 17 1/2 cents at another new contract high of $8.84, bulled up by tight supplies and weather concerns. On the bearish side, January soybean meal fell $7.60 and pulled January soybeans down 1 1/4 cents on the day.
GENERAL COMMENTS:
March corn closed up 4 cents and July corn was up 4 cents. January soybeans closed down 1 1/4 cents and March soybeans were down 1 3/4 cents. March KC wheat closed up 17 1/2 cents, March Chicago wheat was up 10 cents and March Minneapolis wheat was up 13 3/4 cents.
The December U.S. Dollar Index is trading down 0.03 at 96.51. The Dow Jones Industrial Average is up 116.27 points at 35,735.52. December gold is down $17.50 at $1,788.80, December silver is down $0.77 at $23.53 and December copper is up $0.0285. January crude oil is up $1.92 at $78.67, January heating oil is up $0.0620, January RBOB gasoline is up $0.0794 and January natural gas is up $0.163.
