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DTN Closing Grain Comments 02/28 13:54
Grain and Soy Markets Attempt to Stabilize as Panic Selling Continues
Fear and investor panic continues to grip most financial, energy and
commodity markets on Friday. The Dow Jones average is now down nearly 16% from
the high set just a week ago, and crude oil futures have plunged $10 per barrel
as investors flee equities, energies and commodities. Corn, soybeans and soy
meal have appeared to stem the bearish tide to end the week. Wheat ended up
finishing 14 cents above the low as well.
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