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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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Futures and commodities trading involves significant risk of loss and is not suitable for every investor. Information herein is strictly the opinion of its author and is intended for informational purposes. Information is obtained from sources believed to be reliable but is in no way guaranteed. Neither Northern Crops Marketing nor its employees are liable or responsible for its use. Opinions, data, and recommendations are subject to change; past performance is not indicative of future results.
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