DTN Closing Grain Comments    05/05 13:48
   US Row Crops Lower to Begin First Full Trading Week Of May

   Markets were weaker in general to kick off the new week as U.S. crop markets
are pressured by the upcoming dry stretch of weather which is being seen as
minimizing any planting delay risks that may have been emerging after rainfall
through the latter part of April, particularly in the Eastern Corn Belt.
Outside markets were mixed with equities inching higher in a very muted
session, while the big story as it pertains directly to agricultural interests
is the continued plunge in crude oil prices, with NYMEX futures hitting a fresh
low for the move Monday morning following the OPEC+ decision to increase
production by 411,000 barrels per day in June.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 14 3/4 cents and December corn was down 7 1/4 cents.
July soybeans closed down 12 1/2 cents and November soybeans were down 8 1/4
cents. July KC wheat closed down 8 1/2 cents, July Chicago wheat was down 11
3/4 cents, July Minneapolis wheat was down 1 1/2 cents.