DTN Early Word Grains         04/02 05:55
   Row-Crop Markets Stay Supported by Demand, War Uncertainty

   May corn is up 2 1/4 cents per bushel, May soybeans are up 3 cents, May KC
wheat is up 4 3/4 cents, May Chicago wheat is up 7 cents, and MIAX May
Minneapolis wheat is up 0.0425 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: May corn is up 2 1/4 cents per bushel, May
soybeans are up 3 cents, May KC wheat is up 4 3/4 cents, May Chicago wheat is
up 7 cents, and MIAX May Minneapolis wheat is up 0.0425 cents.

   CME GLOBEX RECAP: On Wednesday, May corn dropped 3 1/2 cents, May soybeans
lost 2 1/2 cents, and May KC wheat dropped by 21 3/4 cents. Corn, soybean, soft
red winter wheat, and hard red winter wheat basis were stronger on Wednesday,
while spring wheat basis was weaker. Wheat led the way lower to start April due
to rain showing up in the forecast for the winter wheat regions in the Western
Corn Belt. Additionally, traders took a risk-off approach following President
Trump's comment that the U.S. could end the war in Iran in two to three weeks.
He reiterated that thought on Wednesday night in an address to the nation. USDA
will release its Weekly Grain Export Sales report on Thursday at 7:30 a.m. CDT.
At the same time, the U.S. Census Bureau will release U.S. trade balance
details for February. Of course, traders will also be following the conflict in
the Middle East for new developments.

   OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones
Industrial Average up 224.23 at 46,565.74 and the S&P 500 up 46.80 at 6,575.32.
The 10-Year Treasury yield ended at 4.319%. Early Thursday, the June Dow Jones
Futures are down 453 points. European markets are lower, with the spot futures
of London's FTSE 100 trading down 0.01%, spot futures of Germany's DAX are
trading down 1.67%, and the spot futures of France's CAC 40 Index are down
0.91%. Asian markets are lower, with Japan's Nikkei 225 Index down 2.38% and
China's Shanghai Composite Index down 0.74%.