DTN Closing Grain Comments    03/26 13:56
   Soybeans Find Chart Support as Corn, Wheat Remained Pressured in Quiet
Wednesday Trade

   Wednesday was a noticeably reserved session across U.S. markets compared to
Tuesday's trade. Corn and wheat markets continued to retreat, but with less
downward momentum, at least as wheat futures are concerned. Meanwhile, despite
finishing the session fractionally lower, soybean futures found buying support
as prices retest $10.00 on front-month May futures, a support level which again
held. Outside markets on Wednesday were also quiet as stock indices are
correcting slightly after a strong last week-and-a-half of trade. The U.S.
dollar is bouncing back from Tuesday's down session, attempting to post a fifth
positive day out of the past six, which likely caused some pressure in ag
markets for Wednesday, particularly for wheat futures.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   May corn closed down 6 1/2 cents and July corn was down 6 1/4 cents. May
soybeans closed down 3/4 cents and July soybeans were down 1/2 a cent. May KC
wheat closed down 4 1/4 cents, May Chicago wheat was down 8 cents, May
Minneapolis wheat was down 3 1/4 cents.