NEWS
DTN Plains, Prairies Closing Comments
Mary Kennedy DTN Basis Analyst
Mon May 20, 2013 03:59 PM CDT

WHEAT

Wheat futures across the three wheat exchanges closed higher in Monday's trade, with the July Minneapolis future at 8.11 1/4 up 7 1/2 cents, July Kansas wheat future at $7.45 up 7 3/4 and Chicago July wheat future up 2 cents at $6.85 1/4. While spring wheat planting progressed in the U.S. last week, heavy rains over the weekend throughout North Dakota and Minnesota has stalled field work and seeding. In south-central North Dakota where soil moisture was starved, 2 to 4 inches of rain has fallen with the possibility of more through Monday. In southeastern North Dakota, heavy ...

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