DTN Closing Grain Comments    05/21 13:40
   Row Crops Lower in Overall Quiet Thursday Trade

   U.S. ag futures across crops and livestock kept mostly lower again Thursday
with row-crop prices pressured by a rainy outlook for the end of May and early
part of June. Early-session support had stemmed from firm energy markets;
however those markets turned lower by early afternoon as optimism has grown
regarding the latest push for an agreement to end the conflict and reopen the
Strait of Hormuz to trade. Equity markets have reversed from early lows on
peace optimism as well.

Dana Mantini
Senior Market Analyst

GENERAL COMMENTS:

   July corn closed down 3 1/2 cents and December corn was down 4 1/4 cents.
July soybeans closed down 5 1/2 cents and November soybeans were down 6 3/4
cents. July KC wheat closed down 11 3/4 cents, July Chicago wheat was down 13
cents, July MIAX Minneapolis wheat was down 4 1/4 cents.