Closing Comments 10/10/11

Contract

Net Chg

Last

High

Low

Mpls Wheat Dec'11

+14'6

934'2

945'0

919'2

KC Wheat Dec'11

+1'4

686'0

703'2

683'4

Chi Wheat Dec'11

+4'0

611'4

629'0

606'2

Corn Dec'11

+5'0

605'0

618'4

598'4

Soybeans Nov'11

+19'2

1177'4

1193'0

1158'2

Grains-

In grain markets today, corn continued a slow march upward, soybeans finally posted a somewhat impressive daily gain, and wheat markets ended the day positive with yet another session lead by the Minneapolis December wheat contract. Volume was low across the board and will remain so until Wednesday's crop report. The U.S. Dollar index and supportive outer-market trade were the main reason for today's performance.

Domingo Williams

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