Grain Commentary 5-6-15

December corn settled 3 ½ cents higher at $3.82 ½, November beans up 1 ½ cents at $9.56, and July wheat up 12 ¾ cents at $4.79 ¼. The US Dollar Index fell 1.017 points to finish at 94.185. This was a fresh low for the Dollar going back to January 22nd which probably triggered some funds to exit their short wheat positions especially since it is at/near contract lows.

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