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     MFA Northwest -  Guilford, MO 64457 660-652-3360 - Conception Jct., MO 64434 660-944-2418
                                    Maryville, MO 64468 660-582-2102 - Sheridan, MO 64486 660-799-2425
                                 Grant City, MO 64456 660-564-2211 - Burlington Jct., MO 64428 660-725-3302    
 

 
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DTN Closing Grain Comments    05/17 13:53
   Corn, Wheat Prices End Lower Friday; Oils Give Soybean Prices a Lift

   Corn and wheat prices closed lower Friday and for the week, despite ongoing
weather concerns in several crop areas. November soybeans were up 4 1/4 cents
Friday with a modest boost from higher closes in the prices of major plant
oils, including a 0.75 cent gain in July soybean oil.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 4 1/2 cents and December corn was down 5 1/4 cents.
July soybeans closed up 11 3/4 cents and November soybeans were up 4 1/4 cents.
July KC wheat closed down 11 1/2 cents, July Chicago wheat was down 12 cents
and July Minneapolis wheat was down 9 1/4 cents.
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