DTN Early Word Grains         06/26 05:50
   Row-Crop Markets Face a Favorable Weather Outlook to End June

   July corn is down 1 3/4 cents per bushel, November soybeans are down 8 1/4
cents, September KC wheat is down 11 1/4 cents, September Chicago wheat is down
11 cents, and MIAX September Minneapolis wheat is down 0.0600 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is down 1 3/4 cents per bushel,
November soybeans are down 8 1/4 cents, September KC wheat is down 11 1/4
cents, September Chicago wheat is down 11 cents, and MIAX September Minneapolis
wheat is down 0.0600 cents.

   CME GLOBEX RECAP: On Thursday, July corn rose 7 3/4 cents, July soybeans
rose 18 3/4 cents, and July KC wheat rose 3 1/4 cents. Soybean basis was
stronger, while hard red winter, mild red winter, and spring wheat basis were
weaker on Thursday, and corn basis was steady. Corn and soybean markets bounced
back on Thursday, sparked by technical-based buying after early-week weakness
that sent prices near long-term support, while good weekly export sales data
from the USDA also provided a boost. Going forward, yield-supporting rain
events are forecast for the Midwest over the weekend into next week. On Friday,
no major reports are scheduled for release during trading hours. After the
close, CFTC will release the weekly Commitments of Traders report at 2:30 p.m.
CDT, updating positions as of Tuesday, June 23.

   OUTSIDE MARKETS: The previous close on Thursday showed the Dow Jones
Industrial Average up 71.72 points to 51,920.62 and the S&P 500 down 0.73
points to 7,357.49. The 10-Year Treasury yield ended at 4.392%. Early Friday,
the September Dow Jones Futures are down 64 points. European markets are lower,
with the spot futures of London's FTSE 100 trading down 0.85%, the spot futures
of Germany's DAX trading down 1.18%, and the spot futures of France's CAC 40
Index trading down 0.56%. Asian markets are lower, with Japan's Nikkei 225
Index down 4.15% and China's Shanghai Composite Index down 2.26%.