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MFA Incorporated 201 Ray Young Drive Columbia, MO 65201 573-874-5111

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DTN Closing Grain Comments    05/20 13:59
   Black Sea Crop Concerns Send Wheat Prices Higher Monday

   July contracts of all three wheats closed sharply higher Monday, supported
by increasing concerns over crop conditions in the Black Sea region and another
forecast for rain in western Europe. December corn closed up 7 3/4 cents and
November soybeans were up 13 1/2 cents, supported by Monday's higher wheat
prices and by their own crop concerns in early 2024.

Todd Hultman
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed up 8 cents and December corn was up 7 3/4 cents. July
soybeans closed up 20 cents and November soybeans were up 13 1/2 cents. July KC
wheat closed up 35 cents, July Chicago wheat was up 37 1/2 cents and July
Minneapolis wheat was up 27 3/4 cents.
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