DTN Closing Grain Comments    11/26 13:46
   Corn Futures Lead Market With Pre-Holiday Price Jump

   Row-crop futures posted respectable gains in a breakout session from what
had been a narrow range for prices through the holiday week. Seasonality is
certainly on the side of the bulls for now as traders also are anticipating
U.S. production estimates will fall again from November figures when USDA
revisits the supply side of the balance sheet in January. Meanwhile, strong
demand ideas are working to keep a floor under prices as well. Outside markets
for Wednesday saw firmer equities as indices are heading toward a retracement
of last week's AI bubble fear induced selloff. Energy prices were mixed with
crude oil futures higher but among 2025 lows, and diesel prices continuing to
fall sharply from last week's highs.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   March corn closed up 7 cents and May corn was up 6 1/4 cents. January
soybeans closed up 6 3/4 cents and March soybeans were up 6 cents. March KC
wheat closed up 1 3/4 cents, March Chicago wheat was up 1 1/4 cents, March MIAX
Minneapolis wheat was down 2 1/4 cents.