DTN Closing Grain Comments    10/21 13:43
   Grain Futures Open Week Higher, Aided by China Stimulus Efforts

   The grain markets Monday benefitted from bargain buying as corn, soybeans,
and wheat all recaptured some of their Friday losses. Announcements of Chinese
interest rate cuts and other stimulus efforts lent a bullish tone to the
soybean market Monday, which in turn helped prop up the grain market complex.
All three grains are technically oversold in the short term, so it is not
overly shocking to see some strength to start the week. U.S. harvest is likely
to show strong progress in Monday afternoon's crop progress report.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 4 3/4 cents and March corn was up 4 1/4 cents.
November soybeans closed up 11 cents and March soybeans were up 5 3/4 cents.
December KC wheat closed up 1 1/2 cents, December Chicago wheat was down 1/2
cents and December Minneapolis wheat was down 2 3/4 cents.