DTN Closing Grain Comments    01/28 13:49
   Row Crop Futures Lose Early Steam Wednesday, Hang On to Close Higher

   Wheat futures again led the U.S. grain markets higher on Wednesday, putting
in a double-digit move higher in Kansas City markets to the highest close in
over two months. Corn and soybean futures were also higher, with corn futures
catching an early burst of momentum following pro-E15 remarks by President
Trump during his speech in Iowa on Tuesday, but eventually faded from daily
highs amid a general lack of news to sustain prices. In outside markets, the
U.S. dollar recovered after hitting four-year lows on Tuesday, but remains down
sharply over the past week. Crude oil and other energy markets were firm as
well and added a layer of support to ag markets at midweek.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   March corn closed up 3 1/2 cents and May corn was up 3 1/4 cents. March
soybeans closed up 7 3/4 cents and May soybeans were up 8 1/4 cents. March KC
wheat closed up 9 1/2 cents, March Chicago wheat was up 12 3/4 cents, March
MIAX Minneapolis wheat was up 2 1/4 cents.