DTN Closing Grain Comments    07/25 14:41
   Row-Crop Prices Drift Lower Into Weekend

   Friday's session marked a quiet close to an overall dull week of trade which
saw most crop prices drift lower, giving back roughly half of last week's gains
in the process as traders clearly are seeing little urgency at this point to
commit to sustained buying. Traders currently are betting friendly growing
weather forecast through the first week of August means big U.S. yields and
ample supplies of commodities by fall 2025. In outside markets, investors have
remained confident through the week's trade deal announcements as well as
President Trump saying during his visit to the Federal Reserve on Thursday that
there are no current plans to attempt to remove Fed Chair Powell from his
position. The U.S. dollar is working toward a second session higher while the
S&P500 is pressing further into record highs.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed down 2 1/4 cents and December corn was down 1 3/4
cents. August soybeans closed down 5 1/2 cents and November soybeans were down
3 1/4 cents. September KC wheat closed down 2 cents, September Chicago wheat
was down 3 1/4 cents, September MIAX Minneapolis wheat was down 3/4 cents.