DTN Early Word Grains         04/27 05:48
   Crop Conditions, Planting Progress to Set Row-Crop Price Tone

   July corn is up 5 cents per bushel, July soybeans are up 3 1/2 cents, July
KC wheat is up 1/4 cent, July Chicago wheat is up 4 3/4 cents, and MIAX July
Minneapolis wheat is up 0.0350 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is up 5 cents per bushel, July
soybeans are up 3 1/2 cents, July KC wheat is up 1/4 cent, July Chicago wheat
is up 4 3/4 cents, and MIAX July Minneapolis wheat is up 0.0350 cents.

   CME Globex Recap: On Friday, May corn declined 1/2 of a cent, May soybeans
rose 4 cents, and May KC wheat declined 7 3/4 cents. While corn and soybeans
chopped around most of the session, wheat fell from profit-taking after
Thursday's 29 cent jump. Though it didn't happen, traders on Friday believed
that peace talks between the U.S. and Iran would take place over the weekend.
Because of that belief, crude oil futures dropped, weighing on the corn and
soybean markets. President Trump on Friday told reporters he is not sending an
envoy to Pakistan for peace talks and that if Iranian leaders have a peace
proposal, he will talk by phone. With stalled talks, crude oil prices rose 2%
early Monday. Meanwhile, an attempted assassination of President Trump and his
administration over the weekend at the White House Correspondents' dinner, may
grip outside markets to start the week. On Monday, USDA will release its Export
Inspections report at 10 a.m. CDT. Later in the afternoon, USDA will release
the weekly Crop Progress report at 3 p.m. CDT, which will update traders on
winter wheat conditions and spring crop planting progress.

   OUTSIDE MARKETS: The previous close on Friday showed the Dow Jones
Industrial Average down 79.61 points at 49,230.71, and the S&P 500 up 56.68
points at 7,165.08. The 10-Year Treasury yield ended at 4.31%. Early Monday,
the June Dow Jones Futures are down 79 points. European markets are mixed, with
the spot futures of London's FTSE 100 steady, spot futures of Germany's DAX
trading up 0.6%, and the spot futures of France's CAC 40 Index up 0.42%. Asian
markets are higher, with Japan's Nikkei 225 Index up 1.38% and China's Shanghai
Composite Index up 0.16%.