DTN Closing Grain Comments    01/24 14:22
   Row-Crop Markets Struggle Against Chart Resistance to Close Week

   Ag markets in general were pressured Friday to close the shortened trading
week as corn and soybeans continue to fall victim to profit-taking from
speculators and likely farm-gate selling as well, while wheat markets continue
to search for direction to close a week that finished with very mixed results
for wheat price action. Outside markets were quiet and mixed to close the week.
Equity markets traded both sides of even, while the U.S. Dollar Index made
another move lower. Crude oil continues to slip lower following pro-drilling
statements by President Trump at the top of the week.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   March corn closed down 3 1/4 cents and May corn was down 2 3/4 cents. March
soybeans closed down 9 3/4 cents and May soybeans were down 9 1/2 cents. March
KC wheat closed down 11 1/4 cents, March Chicago wheat was down 10 cents, March
Minneapolis wheat was down 9 1/4 cents.