DTN Closing Grain Comments 08/07 13:50
New Weekly Lows in Grain Sector
New-crop contracts of corn, soybean meal, KC wheat and Minneapolis wheat all
posted their lowest weekly closes Friday as crops are largely thriving in this
year's good weather. The September U.S. Dollar Index added to some of the
bearish pressure, trading up 0.66 after the U.S. Labor Department reported a
lower unemployment rate in July.
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