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DTN Closing Grain Comments    10/29 14:38
   Wheat Futures Higher Tuesday on Poor Crop Conditions

   It was an overall quiet and mixed session for grains Tuesday. Wheat futures
led the way higher and provided support for corn. Unfortunately, soybeans were
unable to sustain early support and closed lower. Crude oil slipped slightly
again but seems to have stabilized itself from its sharp move lower Monday.
Corn and soybean planting paces advanced to near predicted levels, with beans
lagging a touch in the past week but not enough to be a concern. Winter wheat
had a jolt of fresh fundamental news Tuesday as Monday afternoon's first crop
ratings came in below expectations on wheat rated good to excellent.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 3 cents and March corn was up 2 1/4 cents. January
soybeans closed down 7 cents and March soybeans were down 4 3/4 cents. December
KC wheat closed up 12 3/4 cents, December Chicago wheat was up 11 3/4 cents and
December Minneapolis wheat was up 11 1/4 cents.
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