DTN Closing Grain Comments    05/30 13:45
   Grain Markets Round Out Shortened Week With Mostly Lower Session for Prices

   Row crop futures finished what was a generally mixed week for price action
on Friday with a lower trade across most major markets. Wheat markets were
again the exception as MIAX Minneapolis spring wheat futures continued to rally
in the wake of Tuesday's bullish crop condition ratings from USDA. Soybean
futures were lower after both Treasury Secretary Scott Bessent and President
Trump expressed frustration with negotiations with China, with President Trump
accusing China of violating the agreement made in Switzerland in early May.
Corn futures drifted lower as well with lower energy markets ahead of the
expected July production increase announcement from OPEC+ pressuring the Ag
sector in general.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 3 cents and December corn was down 2 3/4 cents. July
soybeans closed down 10 cents and November soybeans were down 10 1/2 cents.
July KC wheat closed up 1 1/2 cents, July Chicago wheat was unchanged and July
MIAX Minneapolis wheat was up 10 cents.