DTN Early Word Grains         07/13 05:58
   Corn, Soybeans Firm Into New Week With Hot, Dry Weather Ahead

   September corn is up 5 1/4 cents and August soybeans are up 10 1/4 cents.
September KC wheat is down 1 1/2 cents, September Chicago wheat is down 1 1/4
cents, and September MIAX Minneapolis wheat is up 1 cent.

Rhett Montgomery
DTN Lead Analyst

   EARLY MORNING GLOBEX NET CHANGES: September corn is up 5 1/4 cents and
August soybeans are up 10 1/4 cents. September KC wheat is down 1 1/2 cents,
September Chicago wheat is down 1 1/4 cents, and September MIAX Minneapolis
wheat is up 1 cent.

   CME GLOBEX RECAP: On Friday, September corn closed up 8 cents to $4.39 1/2,
August soybeans closed up 14 cents to $11.91 3/4 9 1/4 cents. September KC
wheat closed up 22 cents to $6.76 1/4. Row crop futures were supported heading
into the weekend by a good week for soybean export sales to China, escalation
in the Russian-Ukraine War, and an overall positive round of fundamental shifts
by USDA in the July WASDE. Those same themes are supporting prices again early
Monday, tied together by an overarching concern for crop development ahead of a
hot and mostly dry week, with corn pollination advancing. Row crop futures have
fallen off initial highs to begin the new week, as futures will also face
technical challenges to their rallies.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 149.60 at 52,637.01 and the S&P 500 Index up 31.75 at 7,575.39. The
10-Year Treasury yield ended at 4.57%. Early Monday, September Dow Jones
futures are down 17 points. European markets are mixed with the spot futures of
the London FTSE 100 trading down 0.10%, spot futures of Germany's DAX trading
down 0.07% and spot futures of France's CAC Index trading up 0.13%. Asian
markets are lower with Japan's Nikkei 225 index down 1.92% and China's Shanghai
Composite Index down 2.06%.