DTN Closing Grain Comments    08/27 13:49
   Soybeans Climb From Early Lows Thursday on Exceptional New-Crop Sales

   Row-crop futures appeared on track early Thursday to finally take a breather
from the sharp August rally, but the bullish mindset proved to have conviction
with soybeans staging an impressive mid-morning rally to close over 17 cents
above early lows. Corn futures remained marginally lower but also well above
daily lows, thanks largely to another surge in wheat futures with traders
losing patience and hope that grain exports in the Black Sea will return to
normal any time soon. Slightly firmer energy futures and lingering inflation
concerns are also providing a layer of support to commodity markets.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed down 3 3/4 cents and December corn was down 3 cents.
September soybeans closed up 2 1/4 cents and November soybeans were up 2 cents.
September KC wheat closed up 11 1/2 cents, September Chicago wheat was up 12
1/4 cents, September MIAX Minneapolis wheat was up 11 1/4 cents.