DTN Closing Grain Comments 02/10 13:42

DTN Closing Grain Comments 02/10 13:42 Row Crop Markets Look Past Tariff Fears To Tuesday WASDE For the most part ag markets were quick to shrug off the recent wave of trade concerns stemming from President Trump's announcement of a 25% tariff on steel and aluminum imports to the U.S. Ag markets thus far through the recent weeks whirlwind of trade headlines has made it out unscathed for the most part. For this week, Ag traders will have their attention drawn to the more immediate February World Agricultural Supply and Demand Estimates (WASDE) report, due out from the USDA at 11 a.m. CST Tuesday. In outside markets to start the week, equities were firmer, while the U.S. Dollar took advantage of the tariff trade to post a third straight session higher, which pressured Ag markets slightly. Gold futures continue to surge further into all-time highs, surpassing $2900 per ounce Monday on President Trump's announcement. Rhett Montgomery DTN Lead Analyst GENERAL COMMENTS: March corn closed up 4 cents and May corn was up 4 cents. March soybeans closed unchanged, and May soybeans were unchanged as well. March KC wheat closed down 7 1/2 cents, March Chicago wheat was down 3 1/4 cents, March Minneapolis wheat was down 2 1/4 cents.