DTN Closing Grain Comments    10/23 13:43
   Crop Futures Continue To Push Higher, Approach September Highs

   Corn, soybean, and wheat markets all enjoyed higher sessions for Thursday,
with the wheat market taking a rare position as the daily leader, as sub-$5.00
prices for nearby Kansas City futures may finally be incentivizing some short
covering amongst traders. Meanwhile, U.S. and Chinese officials are set to meet
in Malaysia this weekend to hopefully set the stage for the long-anticipated
meeting between Presidents Trump and Xi at the end of the month. Outside
markets for Thursday were very supportive of Ag futures, especially from an
energies standpoint, with crude oil futures launching higher on fresh U.S.
sanctions against Russia's biggest oil producers.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 5 cents and March corn was up 5 1/2 cents. November
soybeans closed up 10 cents and January soybeans were up 12 cents. December KC
wheat closed up 11 1/2 cents, December Chicago wheat was up 9 1/4 cents,
December MIAX Minneapolis wheat was up 10 1/4 cents.