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DTN Closing Grain Comments    12/04 14:16
   Soybeans Firm Up on China Optimism; Corn Falters on South American Weather

   Soybeans continued their mini-bounce from very oversold conditions, as the
back-and-forth chatter about the U.S.-China trade deal took a more optimistic
turn Tuesday night. Following President Donald Trump's dire warning that a deal
with China might not occur until the next election, a Bloomberg news story
suggested that the two sides are much closer to a partial agreement. Corn is
weak on ideas that Brazil corn planting is pegged at a record-large 18 million
hectares, and that much-needed rain is slated to move into Argentina next week.
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