Corn News

DTN Closing Grain Comments 05/22 13:56

5/22/2019 - 14:27:00

DTN Closing Grain Comments    05/22 13:56
   Soybeans Recover, Wheat and Corn Take a Breather

   Following Tuesday's volatile midday trade, which is attributed to a
Bloomberg story about an impending second farm aid package, the markets have
quieted. Wheat and corn appear ready to take a breather from the torrid
short-covering rally of the past seven days, while soybeans have recovered a
bit but remain below the short-term moving averages, as the trade awaits an
official announcement from the Trump administration.