DTN Closing Grain Comments    03/17 13:44
   Row Crops Stabilize Tuesday; Trade Mixed Following Monday's Selloff

   After a week-opening pummeling which dropped nearby futures the daily limit,
soybean futures were able to post a modest recovery on Tuesday. Corn futures
traded both sides of even, caught between higher soybeans but lower wheat
markets. Energy markets also moved mostly higher on Tuesday, as the war in the
Middle East continues and traders weigh oil supply risks as the U.S. sets the
reopening and policing of the Strait of Hormuz among the top objectives of the
ongoing military operation. President Trump posted on Truth Social Tuesday that
many NATO allies are reluctant to aid the U.S. in these efforts. Markets can be
expected to remain on edge and potentially volatile as long as the conflict in
the Middle East is ongoing.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   May corn closed unchanged and July corn was down 1/4 cents. May soybeans
closed up 1 3/4 cents and July soybeans were up 3 3/4 cents. May KC wheat
closed down 9 3/4 cents, May Chicago wheat was down 7 1/2 cents, May MIAX
Minneapolis wheat was down 9 3/4 cents.