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DTN Closing Grain Comments    05/13 13:51
   Wheat Prices Surge Higher Monday With Russian Crop Concerns

   July contracts of all three U.S. wheats posted double-digit gains Monday
with ongoing concerns that part of Russia's wheat crop may have suffered damage
from sub-freezing temperatures last week and possibly over the weekend. Corn
and soybeans posted small gains with unconfirmed talk President Biden's list of
higher tariffs on China may include used cooking oil.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed up 2 3/4 cents and December corn was up 1 cent. July
soybeans closed up 1/2 cent and November soybeans were up 6 1/2 cents. July KC
wheat closed up 26 3/4 cents, July Chicago wheat was up 23 1/2 cents and July
Minneapolis wheat was up 18 1/4 cents.
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