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DTN Closing Grain Comments    07/12 14:21
   Corn Prices Survive Friday's Bearish Report Expectations, But Wheat Prices
Don't

   December corn ended up 4 cents after USDA surprised market watchers with a
less-than-expected estimate of U.S. ending stocks. September contracts of U.S.
wheat suffered double-digit losses after USDA estimated the largest U.S. wheat
crop in eight years.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed up 1 3/4 cents and December corn was up 4 cents.
August soybeans closed down 12 cents and November soybeans were down 2 1/2
cents. September KC wheat closed down 16 cents, September Chicago wheat was
down 20 1/2 cents and September Minneapolis wheat was down 21 1/4 cents.
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