August 03, 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    08/02 13:45
   Kansas City Wheat Futures Soar on Russian, U.S. Crop Downgrades

   As wheat yield prospects continue to wilt around the world, Kansas City
wheat took center stage Monday, rallying to a 30-cent gain. Corn and the other
wheat markets finished sharply higher as well, while soybeans fell prey to
plunging crude and vegetable oil markets, but were able to close higher.

Dana Mantini
Senior Market Analyst

   GENERAL COMMENTS:

   December corn closed up 14 cents per bushel, November soybeans finished up 4
1/4 cents, September KC wheat closed up 30 1/4 cents, September Chicago wheat
settled 25 3/4 higher and September Minneapolis wheat closed up 20 cents. The
September U.S. Dollar Index is trading down 0.113 at 92.075. The Dow Jones
Industrial Average is up 6.33 points at 34,941.80. December gold is up $0.90 at
$1,818.10, September silver is down $0.04 at $25.51 and September copper is
down $0.0660 at $4.4165. September crude oil is down $2.70 at $71.25, September
heating oil is down $0.0601, September RBOB is down $0.0600 and September
natural gas is up $0.020.
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