DTN Closing Grain Comments    08/19 13:50
   Crop Futures Continue to Climb Wednesday as Energy Provides Bullish Influence

   Row-crop futures enjoyed another bullish session Wednesday with soybeans
leading the way and up over 20 cents for the second time in three sessions this
week, while closing in on 2026 highs once again. Wheat futures rapidly
recovered from Tuesday's brief profit-taking dip, with Black Sea exports
through the first quarter of the 2026 crop year forecast to be multi-year lows.
Corn followed suit, spurred by disappointing yield reports in areas during this
week's ProFarmer crop tour and the general feeling USDA will eventually cut
their corn and soybean yields again in upcoming updates. In macroeconomic news,
the U.S. Treasury announced Wednesday it will considerably ramp up long-term
bond buybacks, sending yields lower. This in turn pressured the U.S. Dollar
Index at midweek, with both factors likely bullish drivers to the commodity
rally as well.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed up 9 3/4 cents and December corn was up 10 cents.
September soybeans closed up 21 1/2 cents and November soybeans were up 20 1/2
cents. September KC wheat closed up 18 1/4 cents, September Chicago wheat was
up 15 3/4 cents, September MIAX Minneapolis wheat was up 17 3/4 cents.