DTN Closing Grain Comments    08/13 13:51
   Mixed WASDE Follow-Up Session Thursday Sees Corn Retreat After Wednesday's
Surge

   Following the release of the August USDA reports on Wednesday, it wasn't
overly surprising to see a falloff in volume and volatility for Thursday. Corn,
soybeans, and wheat markets all showed signs of support for Thursday despite
all now being below the highs set on Wednesday. Outside energy futures leaned
to the bearish side in terms of Thursday influence, with crude oil futures down
slightly after trading higher for five straight sessions and with little news
out of the Middle East with negotiations seemingly at a standstill. There were
rumors circulating that Ukraine has made attempts to reach an agreement with
Russia to ease attacks on shipping lanes though another series of attacks at
midweek suggests little headway has been made.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed down 9 cents and December corn was down 8 3/4 cents.
September soybeans closed up 3/4 of a cent and November soybeans were down 1
cent. September KC wheat closed down 1/4 cent, September Chicago wheat was
unchanged, September MIAX Minneapolis wheat was down 3 3/4 cents.