DTN Closing Grain Comments    03/27 13:49
   KC Wheat Reverses Late, Soybean Prices Attempt to Breakout Thursday

   Soybean futures were able to post a strong double-digit move higher and
cover technical ground on bullish optimism ahead of Monday's acreage report.
Along those lines, Monday's report is expected to show an increase in both corn
and wheat acreage, year-over-year, which is the main source of pressure to
those markets, although Kansas City wheat futures were able to showcase an
impressive late=session rally to close higher for the day, snapping a streak of
three down sessions. In outside markets, a fresh round of tariff headlines
centered around the auto-industry has stock indices nervous Thursday, as the
Dow Jones posted a two-way trade in the morning before sellers gained the edge.
The U.S. Dollar Index is also working lower as a result of added uncertainty on
Thursday but overall is firmer for the week.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   May corn closed down 1 1/4 cents and July corn was down 1 cent. May soybeans
closed up 15 3/4 cents and July soybeans were up 15 1/2 cents. May KC wheat
closed up 1 1/4 cents, May Chicago wheat was down 3 1/4 cents, May Minneapolis
wheat was up 3 1/4 cents.