DTN Closing Grain Comments    05/06 13:50
   Grain Markets Mixed as Corn, Wheat Markets Hold at Chart Support

   Row crop and associated products markets were mixed for Tuesday, with wheat
futures posting marginal gains after finding support amid multi-year lows.
Monday's planting data from the USDA was the main source of bearish sentiment
to the corn and soybean markets for Tuesday, as both crops remain ahead of
schedule through the season thus far, with good planting weather still observed
in the 6-10-day forecast. Outside markets were mixed, with a weaker U.S. dollar
for the third straight session, and crude oil posting strong reversal action to
trade almost $4 per barrel above Monday's low price. U.S. crop markets did not
reflect the influence of energy markets on Tuesday that was seen on Monday, as
traders for the moment are finding U.S. planting storylines as enough reason to
keep the pressure on prices, although the stronger crude market may have
offered some support to corn futures.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed up 1 1/4 cents and December corn was down 1 3/4 cents. July
soybeans closed down 4 1/4 cents and November soybeans were down 3 cents. July
KC wheat closed up 5 1/4 cents, July Chicago wheat was up 4 3/4 cents, July
Minneapolis wheat was up 1 cent.