September 16, 2021
 
Caledonia Feed & SupplyCaledonia Feed MillCaledonia AgronomyLake Odessa Feed & GrainLake Odessa Agronomy
146 E. Main Street
Caledonia, MI 49316
Lake and Kinsey Street
Caledonia, MI 49316
290 South Street
Caledonia, MI 49316
1018 3rd Avenue
Lake Odessa, MI 48849
9260 Eaton Hwy
Lake Odessa, MI 48849
Store Line  616-891-4150 
Office Line 616-891-8108
Phone: 616-891-8108Phone: 616-891-1033Phone: 616-374-8061
Phone: 616-374-7329

 
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DTN Closing Grain Comments    09/16 13:46
   Corn, Soybean Oil Take a Breather From Recent Gains; Wheat Firm

   Corn and soybean oil backed off overnight highs in a pause of the recent
bullish move, while wheat, meal and beans finished mildly higher. Gulf
terminals are closer to returning to normal, with a report of 14 vessels
loading at recently reopened facilities. China returned to by 4.85 mb of U.S.
beans following Wednesday's cancellations.

Dana Mantini
Senior Market Analyst

   GENERAL COMMENTS:

   December corn closed down 4 cents per bushel and December corn was down 4
cents. November soybeans closed up 1 1/2 cents and November soybeans were up 1
1/2 cents. December KC wheat closed up 4 1/2 cents, December Chicago wheat was
up 3/4 cent and December Minneapolis wheat was up 2 3/4 cents. The December
U.S. Dollar Index is trading up 0.366 at 92.900. The Dow Jones Industrial
Average is down 79.37 points at 34,735.02. December gold is down $38.80 at
$1,756.00, December silver is down $0.97 at $22.83 and December copper is down
$0.1435 at $4.2630. October crude oil is down $0.00 at $72.61, October heating
oil is up $0.0053, October RBOB is down $0.0245 and October natural gas is down
$0.127.
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