DeLong Commentary

This is Kasey Baker with The DeLong Co. presenting your grain market re-cap for September 25, 2023.

Grain and oilseed started the trading session softer in response to the US Dollar propelling towards a 10 month high. Bean even hovered key support levels before bouncing higher. At the tail end of the day corn beans and wheat perked back up closing higher across the board.

December corn futures closed up 4.5 cents settling at 4.81 3/4

March is up 4 cents at 4.96 1/4

November beans are nearing 13.00 futures at 12.99 ¼

January is also up 3.5 cents at 13.17

March beans are following suit trading higher 13.28 ¼

Wheat is finding some strength as the battle between Russia and Ukraine intensifies. December wheat closed up 9 ¾ cents to 5.89  and July 2024 wheat is also up 9cents  at 6.33 futures

That’s your grain market re-cap brought to you by the DeLong Co., with grain delivery locations across Wisconsin and Illinois. If we can assist you, visit us at delongcompany.com and Let’s Talk!

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