DTN Closing Grain Comments    05/26 13:48
   Futures Continue Lower as US Corn, Soy Crops Seen as Off to Strong Start

   Corn, soy, and wheat futures were lower to begin the shortened trading week
with widespread precipitation through the last week and more in the forecast
for the drought-heavy Western Plains making traders unconcerned about early
season growing conditions. Meanwhile, reports of progress in negotiations
between the U.S. and Iran have led to volatile energy trade to begin the week,
as there have also been reports of U.S. strikes against Iranian missile
launchers on Monday, with Iran warning of retaliation. The mixed signals and
apparently still long road ahead to a significant peace agreement pressured
equity markets off their highs of the day as well.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 5 3/4 cents and December corn was down 4 1/2 cents.
July soybeans closed down 10 1/2 cents and November soybeans were down 7 1/2
cents. July KC wheat closed down 5 3/4 cents, July Chicago wheat was down 10
3/4 cents, July MIAX Minneapolis wheat was up 2 1/4 cents.