DTN Closing Grain Comments    04/24 13:41
   Grains Wrap Week With Uneventful Friday Trade

   Friday was a very quiet day for row crop trading, with corn and soybean
futures chopping on either side of even in a directionless trade amid a lack of
news. Wheat futures moved lower, likely on profit-taking and position squaring
heading into the weekend after Thursday's almost 30-cent jump for Kansas City
contracts. Updates regarding the conflict in the Persian Gulf have also slowed
considerably through this week since the cancellation of planned negotiations
in Pakistan early in the week. The latest reports are that President Trump will
send negotiators to meet with Iranian officials over the weekend. On this news,
crude oil futures declined for the first time this week, though buyers will
likely remain vigilant as talks to this point have yielded very little promise
for a timely conclusion to the conflict.

Rhett Montgomery
Senior Market Analyst

GENERAL COMMENTS:

   May corn closed down 1/2 cents and July corn was down 1/4 cents. May
soybeans closed up 4 cents and July soybeans were up 3 3/4 cents. May KC wheat
closed down 7 3/4 cents, May Chicago wheat was down 2 1/2 cents, May MIAX
Minneapolis wheat was up 1 1/2 cents.