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DTN Closing Grain Comments    08/03 14:06
   Soybeans, Meal Lead Grains Mostly Lower

   November soybeans closed down 33 3/4 cents and December soybean meal was
down $9.90, a bout of selling on Tuesday pressured by chances for timely and
favorable rains in the seven-day forecast. September KC wheat ended up 4 cents,
the only gain in Tuesday's grain sector.

Todd Hultman
DTN Lead Analyst


   September corn closed down 8 1/4 cents and December corn was down 7 1/2
cents. August soybeans closed down 26 1/2 cents and November soybeans were down
33 3/4 cents. September KC wheat closed up 4 cents, September Chicago wheat was
down 5 cents and September Minneapolis wheat was down 3 cents. The September
U.S. Dollar Index is trading up 0.03 at 92.09. The Dow Jones Industrial Average
is up 240.23 points at 35,078.39. August gold is down $8.70 at $1,813.50,
September silver is up $0.03 at $25.61 and September copper is down $0.0495.
September crude oil is down $0.78 at $70.48, September heating oil is down
$0.0114, September RBOB gasoline is down $0.0070 and September natural gas is
up $0.107.
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