DTN Closing Grain Comments    07/02 13:55
   Crop Prices Near Unchanged Thursday Behind Low Holiday Volume

   Many traders likely called an early end to their work week Thursday with
volume notably missing from the row-crop trade and as a result futures lacked
conviction in either direction to close the week. When traders return next
week, July weather forecasts will likely be the first indicator checked when
deciding positions moving forward with corn pollination just around the corner.
Outside markets were also mixed to close the week, with crude oil futures once
again lower and almost directly at pre-war levels from late February.
Meanwhile, the June jobs report showed much lower job creation than had been
expected, at least temporarily pressuring interest rates as well as the U.S.
Dollar Index to close the week.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

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