DTN Closing Grain Comments    01/20 13:45
   Crop News Quiet on Tuesday, Markets Flat in Response

   Tuesday was an overall mixed to lower day across U.S. row-crop markets, with
grain futures easing and oilseed futures surrendering early gains and a selling
mindset overtook most markets by early afternoon. Most of the early positive
influence on the soybean complex likely came via outside energy markets on
Tuesday, with crude oil futures firm on buying interest following last week's
profit-taking pullback, and natural gas futures leading the sector with a 25%
daily surge amid a return to very cold conditions across the U.S. after a very
mild past month. Lastly, stocks and the U.S. Dollar Index both saw intense
selling to start the shortened trading week following a heightening of tensions
between the U.S. and Europe over President Trump's plans to acquire Greenland,
with the president threatening a fresh round of tariff increases on eight
countries if a deal is not reached allowing for the U.S. purchase of Greenland.


Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

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