DTN Closing Grain Comments    06/17 13:49
   Wheat Market Leads Crop Prices Higher Tuesday as Storms Hit Southern Plains

   U.S. ag futures were mostly higher for Tuesday on a combination of technical
buying as well as a mixed Crop Progress report from USDA on Monday afternoon in
conjunction with the threat of severe weather for western Kansas. Meanwhile, in
outside markets, oil prices again firmed on Tuesday after Iran's reported
desire to restart talks with Israel seemingly went nowhere. Two oil tankers
were also reported to have struck one another in the Gulf of Oman early
Tuesday, as the Wall Street Journal reported that navigational systems are
being interfered with as a result of military action in the region. Stocks were
on edge Tuesday as President Trump left the G-7 Summit in Canada early but
denied the early exit was to work on a Middle East ceasefire.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

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