DTN Closing Grain Comments    03/14 13:47
   Wheat Reverses in Overall Subdued Friday Trade For Grains

   Corn and wheat markets traded lower Friday, the latter posting a
discouraging reversal of nearly a dime off daily highs in Kansas City futures.
Meanwhile, soybean markets held onto marginal gains despite outside pressure in
a display of resiliency just above long-term support. Outside market influence
to close the week was mostly positive, as U.S. stock indices finished a rough
week on a strong note after it was announced that the U.S. government will
likely avoid a shutdown this month. Meanwhile, consumer confidence reading
Friday morning was the lowest since late 2022. As a result, gold futures
surged, hitting $3,000 per troy ounce for the first time ever. The U.S. dollar
was again lower but overall has leveled off this week following last week's
dive.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   May corn closed down 6 3/4 cents and July corn was down 4 3/4 cents. May
soybeans closed up 5 1/4 cents and July soybeans were up 5 cents. May KC wheat
closed down 1 1/2 cents, May Chicago wheat was down 5 1/2 cents, May
Minneapolis wheat was down 2 cents.