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DTN Closing Grain Comments    07/23 13:57
   Soybean Oil, Canola Survive Friday's Selling in Grains

   December soybean oil closed up 1.27 cent and November canola was up C$2.10,
avoiding the losses other grain contracts suffered Friday. December corn closed
down 18 1/4 cents and November soybeans were down 10 1/2 cents, pressured by
concerns about lackluster demand and the possibility of rain in August.

Todd Hultman
DTN Lead Analyst

   GENERAL COMMENTS:

   September corn closed down 17 1/4 cents and December corn was down 18 1/4
cents. August soybeans closed down 15 1/4 cents and November soybeans were down
10 1/2 cents. September KC wheat closed down 7 3/4 cents, September Chicago
wheat was down 8 1/4 cents and September Minneapolis wheat was down 20 1/2
cents. The September U.S. Dollar Index is trading up 0.09 at 92.92. The Dow
Jones Industrial Average is up 208.05 points at 35,031.40. August gold is down
$2.20 at $1,803.20, September silver is down $0.12 at $25.27 and September
copper is up $0.1060. September crude oil is up $0.11 at $72.02, September
heating oil is up $0.0016, September RBOB gasoline is up $0.0144 and September
natural gas is up $0.055.
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