DTN Closing Grain Comments    01/16 13:46
   Ag Markets Under Pressure Thursday in Risk-Off Trading Session

   Ag markets were pressured from the opening bell Thursday, led lower by
soybeans as the market continues to brace for very large -- if not record --
production out of South America, as well as for what the outlook for
agricultural trade may look like as President-elect Trump takes office on
Monday, Jan. 20. Outside market influence Thursday was mixed with equities down
slightly, but a weaker U.S. dollar as well. Commodities were mixed with crude
oil down slightly but gold up slightly.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   March corn closed down 4 1/4 cents and May corn was down 5 cents. March
soybeans closed down 23 3/4 cents and May soybeans were down 23 3/4 cents.
March KC wheat closed down 9 1/4 cents, March Chicago wheat was down 9 1/2
cents, March Minneapolis wheat was down 6 cents.