DTN Early Word Grains         10/08 05:50
   Row-Crop Markets Position Ahead of USDA Data on Friday

   December corn is up 1/2 cent per bushel, November soybeans are down 4 cents,
December KC wheat is down 1/4 cent, December Chicago wheat is up 3/4 cent, and
MIAX December Minneapolis wheat is down 0.0175 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES:  December corn is up 1/2 cent per bushel,
November soybeans are down 4 cents, December KC wheat is down 1/4 cent,
December Chicago wheat is up 3/4 cent, and MIAX December Minneapolis wheat is
down 0.0175 cents.

   CME GLOBEX RECAP: On Wednesday, December corn dropped 6 cents, November
soybeans dropped 5 1/2 cents, and December KC wheat dropped 17 3/4 cents.
Soybean basis was weaker, while corn, soft red winter wheat and hard red winter
wheat basis were steady Wednesday, and spring wheat basis was stronger. The
soybean futures market gave back some of Tuesday's gains while wheat gave up
all of its gains and then some on Wednesday. On-again-off-again optimism about
a Black Sea ceasefire returned on Wednesday. Traders have plenty to consider
this week, beginning with Thursday's fresh look at export sales. Also, rain
chances are increasing for the Corn Belt from tropical storm Isaias.
Additionally, positioning ahead of Friday's USDA WASDE data is underway.
Harvest reports are surprisingly high in parts of the Midwest, while others are
reporting quality issues.

   OUTSIDE MARKETS: The previous close on Wednesday showed the Dow Jones
Industrial Average down 341.41 at 51,179.87 and the S&P 500 down 17.16 at
7,801.77. The 10-Year Treasury yield ended at 5.277%. Early Thursday, the
December Dow Jones Futures are down 403 points. European markets are lower,
with spot futures for London's FTSE 100 down 0.36%, spot futures for Germany's
DAX down 0.8%, and spot futures for France's CAC 40 Index down 0.85%. Asian
markets are lower, with Japan's Nikkei 225 Index down 1.42% and China's
Shanghai Composite Index down 0.79%.