DTN Closing Grain Comments    10/17 13:44
   Grain Futures Shake Off Early Weakness to Close Higher

   The grain markets were able to overcome early morning weakness Thursday to
close higher for the day. Reports of Russian agency SovEcon cutting wheat
production estimates had wheats leading the charge higher throughout the later
hours of the session. Price action Thursday served as a nice reprieve from what
has been very bearish trade for much of the month of October.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 2 cents and March corn was up 3/4 cents. November
soybeans closed up 8 3/4 cents and March soybeans were up 2 cents. December KC
wheat closed up 7 1/4 cents, December Chicago wheat was up 4 1/2 cents and
December Minneapolis wheat was up 8 cents.