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DTN Closing Grain Comments    07/15 14:11
   New Week Starts With Double-Digit Losses in Grain and Oilseed Prices

   December corn closed down 10 1/2 cents and November soybeans were down 25
1/4 cents Monday, pressured by rain in this week's forecast for the Eastern
Corn Belt and the anticipation of moderate temperatures after a hot weekend.
September contracts of all three wheats also suffered double-digit losses,
weighed down by Friday's 2.008-billion-bushel (bb) wheat production estimate
from USDA.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   September corn closed down 11 1/2 cents and December corn was down 10 1/2
cents. August soybeans closed down 27 cents and November soybeans were down 25
1/4 cents. September KC wheat closed down 12 1/4 cents, September Chicago wheat
was down 18 1/4 cents and September Minneapolis wheat was down 16 3/4 cents.
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