DTN Closing Grain Comments    11/12 13:46
   Corn, Soy Futures Gather Strength, Rally Back Toward Recent Highs

   Row crops moved modestly higher Wednesday in another choppy session as corn
and soybean prices benefitted from late strength to move back toward recent
highs with traders awaiting USDA guidance on Friday in what will be the first
Crop Production and WASDE reports since Sept. 12. Meanwhile, outside markets
were mixed with lower energy futures, led by a sharply lower crude market on
renewed world supply concerns following the monthly OPEC+ report. Stock indices
were mixed, with the Dow Jones completing a comeback over the last four
sessions to set new record highs on Wednesday. The markets as a whole are
expressing optimism that the government shutdown will soon end, with the House
of Representatives set to vote this evening on the funding package approved
earlier this week by the Senate.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 3 1/4 cents and March corn was up 2 1/4 cents.
January soybeans closed up 6 1/2 cents and March soybeans were up 6 cents.
December KC wheat closed up 1 3/4 cents, December Chicago wheat was unchanged,
December MIAX Minneapolis wheat was up 1/4 cents.