DTN Closing Grain Comments    05/13 13:44
   Row-Crop Futures Quiet Wednesday in Post-WASDE Trade

   Row-crop futures were, for the most part, well supported through Wednesday
as price action was mixed. Corn and soybeans moved higher, the latter likely to
remain supported as details will surely emerge on Thursday regarding the trade
summit between President Trump and President Xi of China. President Trump
arrived in Beijing on Wednesday. Wheat futures turned lower on profit-taking
following Tuesday's limit higher session following the bullish and shockingly
low production estimate from USDA. In outside markets, crude oil futures were
lower in quiet trade as traders also await results from the Trump/Xi meeting
for hints toward any possible resolution to the standstill in the Persian Gulf.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

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