DTN Closing Grain Comments    06/27 13:49
   Grains Avoid Winless Week as Traders Book Profits Ahead of Weekend

   It was a mostly positive session across agricultural futures to close the
week as traders seem satisfied for the time being with the risk removed from
the market over the past week and took a pause Friday to cash in some short
positions ahead of the weekend and also ahead of Monday morning's USDA reports
that hold the chance for increased volatility. Outside markets were mixed, as
stock indices rose and the S&P 500 set a new record high following the
announcement from the Trump administration and subsequent confirmation from
Chinese officials that the two countries had signed an agreement earlier this
week to loosen trade restrictions with rare earths reportedly the focal point.
Meanwhile, energy markets continue a quiet trade since the ceasefire between
Israel and Iran was announced earlier this week.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed up 7 1/2 cents and December corn was up 6 cents.
August soybeans closed up 5 1/2 cents and November soybeans were up 8 1/4
cents. September KC wheat closed unchanged, 0 cents, September Chicago wheat
was up 4 cents, September MIAX Minneapolis wheat was up 2 1/2 cents.