DTN Early Word Grains         06/02 05:48
   Soybean Futures Sink on Souring U.S. and China Talks, Wheat Rises to Begin
New Week

   July corn is up 1/4 cent and July soybeans are down 6 1/2 cents. July KC
wheat is up 5 1/2 cents, July Chicago wheat is up 4 cents, and July MIAX
Minneapolis wheat is up 4 1/4 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is up 1/4 cent and July soybeans
are down 6 1/2 cents. July KC wheat is up 5 1/2 cents, July Chicago wheat is up
4 cents, and July MIAX Minneapolis wheat is up 4 1/4 cents.

   CME GLOBEX RECAP: Grain markets are mixed to begin the new week early
Monday, as soybean prices are again under pressure amid renewed tensions
between the U.S. and China regarding trade. Meanwhile, wheat futures are again
trading higher, building on late week strength from last week and fueled by
escalation of conflict in the ongoing war between Russia and Ukraine over the
weekend. The successful drone attack by Ukraine against Russia's bomber fleet
is also being felt in energy markets, with NYMEX crude oil futures popping over
$2 per barrel to open weekly trade.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 54.34 points to 42,270.07 and the S&P 500 Index down 0.48 at
5,911.69. The 10-Year Treasury yield ended at 4.42%. Early Monday, June Dow
Jones futures are down 160 points. European markets are lower with the spot
futures of the London FTSE 100 trading down 0.03%, spot futures of Germany's
DAX trading down 0.55% and spot futures of France's CAC Index trading down
0.58%. Asian markets are also lower with Japan's Nikkei 225 index down 1.30%
and China's Shanghai Composite Index down 0.47%.