DTN Early Word Grains         06/23 05:52
   Row Crop Futures Mixed Overall, As Corn Challenges Lows Once Again

   July corn is down 4 3/4 cents and July soybeans are down 1/2 cents. December
corn is down 3 3/4 cents and November soybeans are down 2 cents. July KC wheat
is up 3/4 cents, July Chicago wheat is down 1/4 cents, and July MIAX
Minneapolis wheat is up 1 cent.

Rhett Montgomery
DTN Lead Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is down 4 3/4 cents and July
soybeans are down 1/2 cents. December corn is down 3 3/4 cents and November
soybeans are down 2 cents. July KC wheat is up 3/4 cents, July Chicago wheat is
down 1/4 cents, and July MIAX Minneapolis wheat is up 1 cent.

   CME GLOBEX RECAP: Corn, soybean, and wheat futures are all lower for the
most part early Monday as traders prepare for what is widely expected to be
steady to improved conditions in Monday afternoon's Crop Progress report. Wheat
traders will also be watching the advancement in winter wheat harvest across
the U.S., and of course storms and other severe weather will be monitored as
well through the week. In outside markets, investors eyes are fixed on the
situation in the Middle East following U.S. strikes against Iran's nuclear
industry on Saturday. On Sunday, President Trump signaled desire to resume
negotiations with Iran and for peace in the region, with Israeli officials
concurring. The market, especially crude oil prices, will now await further
response from Iran following the weekend's events. Thus far, the Strait of
Hormuz remains open despite threats of closure over the weekend. NYMEX crude
oil futures traded as high as $78.40 per barrel following Sunday's open but
have since faded to nearly unchanged relative to Friday's close.

   OUTSIDE MARKETS: Previous closes Sunday showed the Dow Jones Industrial
Average up 35.16 to 42,206.82 and the S&P 500 Index down 13.03 at 5,967.84. The
10-Year Treasury yield ended at 4.38%. Early Monday, September Dow Jones
futures are down 4 points. European markets are mostly higher with the spot
futures of the London FTSE 100 trading up 0.08%, spot futures of Germany's DAX
trading down 0.20% and spot futures of France's CAC Index trading down 0.34%.
Asian markets are mixed with Japan's Nikkei 225 index down 0.13% and China's
Shanghai Composite Index up 0.65%.