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DTN Closing Grain Comments    08/05 13:50
   Row Crops Turn Modestly Higher, Waiting for Rain

   December corn closed up 6 1/4 cents and November soybeans closed up 2 3/4
cents Thursday, supported by concerns of dry conditions in the northwestern
Corn Belt and also helped by USDA's announced sale of 11.0 mb of new-crop
soybeans to unknown destinations. Outside markets were mixed to higher
Thursday, relaxing previous concerns about rising coronavirus infections.

Todd Hultman
DTN Lead Analyst


   September corn closed up 10 cents and December corn was up 6 1/4 cents.
September soybeans closed up 3 3/4 cents and November soybeans were up 2 3/4
cents. September KC wheat closed down 2 3/4 cents, September Chicago wheat was
down 4 1/2 cents and September Minneapolis wheat was up 3/4 cent. The September
U.S. Dollar Index is trading down 0.02 at 92.25. The Dow Jones Industrial
Average is up 181.79 points at 34,974.46. August gold is down $8.00 at
$1,806.50, September silver is down $0.24 at $25.23 and September copper is up
$0.0140. September crude oil is up $0.82 at $68.97, September heating oil is up
$0.0289, September RBOB gasoline is up $0.0371 and September natural gas is
down $0.013.
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