DTN Closing Grain Comments    07/17 13:49
   Soybeans Add to Midweek Rally While Corn Stalls

   It was a mixed session overall for row-crop prices as oilseeds across the
board were firm, deriving strength from a break above resistance by soybean oil
futures to new 2025 highs. Meanwhile, corn futures failed to hold at the first
significant technical test of their bounce, struggling as well to shake the
negative influence of wheat markets which broke support and appear primed to
test contract lows. Outside markets were mostly a positive influence on ag
Thursday, with equities back on track following early Wednesday Fed-related
turbulence and energy markets were firmer as well.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed down 3 1/4 cents and December corn was down 3 cents.
August soybeans closed up 8 cents and November soybeans were up 6 cents.
September KC wheat closed down 5 1/4 cents, September Chicago wheat was down 7
3/4 cents, September MIAX Minneapolis wheat was down 4 1/2 cents.