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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    05/08 13:53
   Bears Return, Knock Down Wednesday's Grain, Oilseed Prices

   After reaching their highest price in at least three months Tuesday,
December corn closed down 7 1/4 cents and November soybeans dropped 15 cents
Wednesday, facing better planting opportunities in the week ahead. July
contracts of all three U.S. wheats closed lower for a second day as
short-covering pressures eased.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 8 1/2 cents and December corn was down 7 1/4 cents.
July soybeans closed down 18 3/4 cents and November soybeans were down 15
cents. July KC wheat closed down 15 1/2 cents, July Chicago wheat was down 8
3/4 cents and July Minneapolis wheat was down 16 1/4 cents.
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