DTN Closing Grain Comments    04/16 13:47
   Grain Markets Edge Higher Wednesday on Trade Optimism

   U.S. row-crop markets were able to post modest gains for Wednesday after it
was announced early that negotiations with Japan have begun with President
Trump himself taking part in the talks. Meanwhile it was also reported that
China was open to beginning trade talks with the U.S. as well, even appointing
a new head negotiator for the next round, as reported by CNBC Wednesday
morning. Outside markets remained skeptical with stock indices lower, primarily
driven by shaky tech stocks amid ongoing escalation with China in that sector.
Meanwhile, the U.S. Dollar Index was again lower on Wednesday following a brief
pause Tuesday, which provided some positive outside influence to ag
commodities.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   May corn closed up 3 cents and December corn was up 2 1/2 cents. May
soybeans closed up 2 3/4 cents and November soybeans were up 4 1/2 cents. May
KC wheat closed up 5 cents, May Chicago wheat was up 5 3/4 cents, May
Minneapolis wheat was up 2 1/2 cents.