DTN Closing Grain Comments    03/26 13:50
   Row-Crop Futures Follow Oil Higher Thursday as Market Awaits EPA

   Soybean and wheat futures led the way higher on Thursday, influenced by
higher energy prices as President Trump's deadline for the reopening of the
Strait of Hormuz approaches with few clear signs of a ceasefire deal. The
soybean and soybean oil markets are also awaiting official unveiling of 2026
and 2027 biofuel blending mandates, which are expected to be friendly to U.S.
agriculture feedstocks. Wheat also traded higher after another high drought
reading from USDA on Thursday morning. Corn lagged behind soybeans and wheat on
Thursday, primarily due to hitting chart resistance and likely some bearish
concerns that next week's Grain Stocks report could very well show historically
large U.S. reserves.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

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