DTN Closing Grain Comments    11/03 13:47
   Row Crops, Led by Soybeans, Extend Gains to Begin November

   Corn and wheat markets were slow to start Monday but eventually found some
strength to bounce off daily lows, even with technical pressure limiting daily
gains. Meanwhile, soybean futures moved double-digits higher yet again to start
the new week and month, aided Monday by a reversal in soybean oil futures after
four straight sessions lower to close October. Outside markets were mostly
quiet with energy markets higher following the weekend announcement from OPEC+
that production increases are expected to slow into 2026. The U.S. dollar
firmed for a fourth consecutive day and is nearing key resistance.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 2 3/4 cents and March corn was up 2 3/4 cents.
January soybeans closed up 19 cents and March soybeans were up 16 1/2 cents.
December KC wheat closed up 7 1/4 cents, December Chicago wheat was up 9 1/2
cents, December MIAX Minneapolis wheat was up 5 1/2 cents.