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DTN Closing Grain Comments    10/22 13:44
   Wheat Markets Surge to New Highs; Minneapolis Hits $10 for First Time in
More Than 9 Years

   With no real news impacting the markets, all three wheat markets took off to
the upside; both KC and Minneapolis scored new contract highs. Minneapolis
December wheat eclipsed $10 for the first time since 2012 as U.S. and world
stocks tighten. Soybeans were the weak leg of the grain and soybean complex,
with November again challenging the low $12 support area.

Dana Mantini
Senior Market Analyst


   December corn closed up 5 3/4 cents per bushel and March corn was up 5 1/4
cents. November soybeans closed down 3 1/2 cents and January soybeans were down
2 3/4 cents. December KC wheat closed up 26 1/4 cents, December Chicago wheat
was up 14 3/4 cents and December Minneapolis wheat was up 31 3/4 cents. The
December U.S. Dollar Index is trading down 0.093 at 93.665. The Dow Jones
Industrial Average is up 79.69 points at 35,682.77. December gold is up $12.60
at $1,794.50, December silver is up $0.23 at $24.40 and December copper is down
$0.0585 at $4.5000. December crude oil is up $1.17 at $83.67, December heating
oil is down $0.0131, December RBOB is down $0.0079 and November natural gas is
up $0.168.
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