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DTN Closing Grain Comments 10/25 14:00


DTN Closing Grain Comments 10/25 14:00
Soybeans, Spring Wheat Push Higher Monday

November soybeans closed up 16 3/4 cents Monday, supported by another higher
close in soybean oil and the vegetable oil sector. December Minneapolis wheat
posted a new contract high of $10.27, its highest spot close in nine years.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

December corn was unchanged and March corn was also unchanged. November
soybeans closed up 16 3/4 cents and March soybeans were up 16 1/2 cents.
December KC wheat closed up 3 3/4 cents, December Chicago wheat was up 3 1/2
cents and December Minneapolis wheat was up 17 cents. The December U.S. Dollar
Index is trading up 0.15 at 93.78. The Dow Jones Industrial Average is up 89.24
points at 35,766.26. December gold is up $13.10 at $1,809.40, December silver
is up $0.20 at $24.65 and December copper is up $0.0290. December crude oil is
down $0.06 at $83.70, December heating oil is up $0.0257, December RBOB
gasoline is up $0.0236 and December natural gas is up $0.593.