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DTN Early Word Grains         10/17 06:07
   Prices Mostly Weaker as Traders Grasp for News, Harvest Results

   December corn was 1/2 higher, November soybeans were unchanged, and December
KC wheat was down 2 1/4.


Tregg Cronin
DTN Contributing Analyst

Pre-5:00 a.m. CME Globex:   December corn was 1/2 higher, November soybeans
were unchanged, and December KC wheat was down 2 1/4.

CME Globex Recap:   Mixed equity trade around the globe overnight with the same
true in the energy markets. The Bloomberg Commodity Index has recovered from
last week's selloff, although equities are gaining on commodities as a whole
from their plunge. Crude oil remains above all major moving averages. Quiet
grain trade as we await more harvest results.

OUTSIDE MARKETS:   Previous closes on Tuesday showed the Dow Jones Industrial
Average up 547.87 points at 25,798.42 and the S&P 500 up 59.13 points at
2,809.92 while the 10-year Treasury yield ended at 3.167%. Early Wednesday,
DJIA futures were down 107.00. Asian markets were mixed with Japan's Nikkei 225
up 291.88 points (1.29%) and China's Shanghai Composite was up 15.28 points
(0.60%). European markets are mixed with London's FTSE 100 up 11.43 points
(0.16%), Germany's DAX down 49.20 points (-0.42%), and France's CAC 40 down
0.82 points (-0.02%). The euro was down 0.00145 at 1.15940 and the U.S. dollar
index was up 0.0370 at 95.1280. September 30-year T-Bonds were down 5/32nds
while December gold was down $0.10 at $1230.90 and November crude oil was down
0.38 at $71.54. Soybeans on China's Dalian Exchange closed unchanged and
soymeal closed down 0.89%.
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