DTN Early Word Grains         06/13 05:43
   Crop Prices Mixed as Trade Shifts Focus From WASDE to Weather, Middle East
Conflict

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

Rhett Montgomery
DTN Lead Analyst

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

   CME GLOBEX RECAP: Global markets are reacting to the news late Thursday that
Israel launched a major attack against Iran's nuclear industry, reportedly
damaging one site severely and killing at least three top Iranian military
leaders. Iran has also reportedly launched a drone attack in retaliation and
vowed to punish Israel for the attack. Crude oil futures leaped higher on
Thursday evenings open as a result, with NYMEX futures trading as high as
$77.62 per barrel, with many Ag commodities following suit. Oil prices have
fallen well off their overnight highs after it was reported that Iranian oil
facilities have not suffered damage thus far, although the new state of unrest
in the Middle East is likely to keep the markets volatile. Stock futures were
lower as a result of the newfound geopolitical uncertainty.

   OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial
Average up 101.85 to 42,967.62 and the S&P 500 Index up 23.02 at 6,045.26. The
10-Year Treasury yield ended at 4.36%. Early Friday, June Dow Jones futures are
down 487 points. European markets are lower with the spot futures of the London
FTSE 100 trading down 0.35%, spot futures of Germany's DAX trading down 1.46%
and spot futures of France's CAC Index trading down 1.09%. Asian markets are
lower with Japan's Nikkei 225 index down 0.89% and China's Shanghai Composite
Index down 0.75%.