DTN Early Word Grains         05/19 05:50
   Grain Markets Higher to Begin the Week on Strong Demand for U.S. Crops

   July corn is up 3 1/4 cents per bushel, July soybeans are up 3 cents, July
KC wheat is up 4 1/4 cents, July Chicago wheat is up 3 1/2 cents and July
Minneapolis wheat is up 2 1/2 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is up 3 1/4 cents per bushel,
July soybeans are up 3 cents, July KC wheat is up 4 1/4 cents, July Chicago
wheat is up 3 1/2 cents and July Minneapolis wheat is up 2 1/2 cents.

   CME GLOBEX RECAP: Equity markets are lower to begin the week, partially in
reaction to Moody's downgrading their rating of U.S. debt. This has pushed the
30-year bond back over 5%, and more importantly, hurt the confidence of foreign
buyers. U.S. futures were higher all five days last week and have recovered all
the losses that occurred in the aftermath of the tariff announcements from the
Trump administration. Last week's 90-day pause with the Chinese combined with
the recent deal with the UK and the reports of negotiations with other
countries has been supportive to equities.

   This is a light week for new data releases, with the U.S. leading economic
indicators being released Monday, and initial jobless claims, S&P PMI's, and
existing home sales on Thursday. New home sales come out on Friday, while many
members of the Federal Reserve will be speaking over the course of the week.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 331.99 at 42,654.74 and the S&P 500 up 41.45 at 5,958.38. The
10-Year Treasury yield ended at 4.441%. Early Monday, the June Dow Jones
Futures are down 334 points. European markets are lower with the spot futures
of London's FTSE 100 trading down 0.81%, spot futures of Germany's DAX are
trading down 0.1% and the spot futures of France's CAC 40 Index down 0.39%.
Asian markets are lower with Japan's Nikkei 225 Index down 0.68% and China's
Shanghai Composite Index up 0%.