DTN Closing Grain Comments    10/28 13:48
   Futures Extend Rally as Trade Confidence Grows

   President Trump finalized a deal with Japan during his visit to the country
on Monday afternoon, adding fuel to the already surging row crop markets. Japan
is already a significant buyer of U.S. ag products and the agreement keeps
market participants optimistic that the relationship will continue to grow in
terms of volumes traded. Meanwhile, energy prices have worked lower thus far
this week, retesting support following last week's Russia sanction driven jump.
Equity markets are higher primarily on trade optimism, as investors will turn
their attention to the Federal Reserve on Wednesday for their interest rate
decision, which is widely expected to be another quarter point cut.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 3 1/4 cents and March corn was up 1 3/4 cents.
November soybeans closed up 11 cents and January soybeans were up 10 1/4 cents.
December KC wheat closed up 5 3/4 cents, December Chicago wheat was up 3 cents,
December MIAX Minneapolis wheat was up 1 1/2 cents.