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DTN Early Word Grains         10/17 05:45
   Corn, Soybean Markets Seek a Strong End to the Week

   December corn is up 2 cents per bushel, November soybeans are up 3 1/4
cents, December KC wheat is up 1 1/4 cents, December Chicago wheat is up 1 1/2
cents, and MIAX December Minneapolis wheat is up 0.0100 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 2 cents per bushel,
November soybeans are up 3 1/4 cents, December KC wheat is up 1 1/4 cents,
December Chicago wheat is up 1 1/2 cents, and MIAX December Minneapolis wheat
is up 0.0100 cents.

   CME GLOBEX RECAP: Corn closed 5 cents higher on Thursday, while soybeans
ended up 4 cents, and wheat was slightly higher. Corn, SRW wheat, and HRW wheat
basis were steady on Thursday, while soybean and spring wheat basis were
stronger. The EIA's weekly ethanol data on Thursday showed a slight increase in
output and a dip in stocks, giving corn traders bullish news to trade. Strong
exports underpin the market as well. Demand is a fundamental bullish factor for
the soybean complex, as traders lean on a strong NOPA crush report. Upside
remains limited with uncertainty between the U.S. and China. Wheat traders are
using technical chart signals to ward off pressure from ample global supplies.

   OUTSIDE MARKETS: The previous closes on Thursday showed the Dow Jones
Industrial Average down 301.07 at 45,952.24 and the S&P 500 down 41.99 at
6,629.07. The 10-Year Treasury yield ended at 3.976%. Early Friday, the
December Dow Jones Futures are down 352 points. European markets are lower with
the spot futures of London's FTSE 100 trading down 1.38%, spot futures of
Germany's DAX are trading down 2.09% and the spot futures of France's CAC 40
Index are down 0.7%. Asian markets are lower, with Japan's Nikkei 225 Index
down 1.44% and China's Shanghai Composite Index down 1.95%.
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