DTN Closing Grain Comments 03/23 13:59
Soybean Meal Survives Tariff News, Climbs Higher
While May soybeans scratched its way back to a 1 1/2 cent loss Friday after
China proposed their own list of U.S. goods that would be charged tariffs, May
soybean meal overcame early selling and finished up $9.90 on the day, boosted
by Argentina's declining crop conditions. Corn ended a little higher, and all
three wheats were higher, thanks to Friday's lower U.S. dollar and their own
immunity to China's tariff threats.
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