DTN Closing comments 07/12/07

Perhaps the biggest favor USDA's Thursday morning reports paid to grain
market bulls was simply bringing attention to the markets. Noncommercial
(speculative) fund buying was noted to be strong in the ag futures complex
Thursday, adding double-digit gains to the soybean market and more recognition
of weather risk to corn. Intermarket wheat spreads also played a part in the
higher HRW and HRS performances.