DTN Closing Grain Comments    01/29 13:47
   Row Crop Futures Continue to Face Technical Pushback to Rally Efforts

   Row crop futures again fell from their highest points early Thursday, with
chart technicals influencing some selling amid a fundamental outlook for corn,
soybeans, and wheat that continues to have plenty of bearish arguments to
counter short-term bullish bursts. Outside markets on Thursday were again
mostly supportive to ag futures, with a softer U.S. dollar for the sixth time
in the past eight sessions. Meanwhile, crude oil and other energy markets were
firm on heightened tensions between the U.S. and Iran.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   March corn closed up 3/4 cents and May corn was up 1 cent. March soybeans
closed down 2 3/4 cents and May soybeans were down 2 cents. March KC wheat
closed up 4 3/4 cents, March Chicago wheat was up 5 1/2 cents, March MIAX
Minneapolis wheat was up 7 1/2 cents.