DTN Closing Grain Comments    07/10 14:31
   Row Crops Surge Friday on Bullish USDA Changes, Black Sea Developments

   As was widely expected, USDA's July World Agricultural Supply and Demand
Estimates (WASDE) report shared bullish changes to corn, soybean, and wheat
fundamentals, setting the stage as traders will likely shift focus immediately
back to U.S. growing season weather with corn pollination just around the
corner. Row-crop futures ignored outside energy weakness to close the week. The
U.S. and Iran are reportedly still in contact through this week's sudden
escalation in the Persian Gulf.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed up 8 cents and December corn was up 9 cents. August
soybeans closed up 14 cents and November soybeans were up 9 1/4 cents.
September KC wheat closed up 22 cents, September Chicago wheat was up 20 1/2
cents, September MIAX Minneapolis wheat was up 13 1/2 cents.