DTN Early Word Grains         11/14 05:44
   Data Overload is About to Hit the Row-Crop Markets

   December corn is steady, January soybeans are up 1/2 cent, December KC wheat
is up 3 1/4 cents, December Chicago wheat is up 4 3/4 cents, and MIAX December
Minneapolis wheat is up 0.0025 cents.

Mike McGinnis
DTN Contributing Analyst

   MORNING GLOBEX NET CHANGES: December corn is steady, January soybeans are up
1/2 cent, December KC wheat is up 3 1/4 cents, December Chicago wheat is up 4
3/4 cents, and MIAX December Minneapolis wheat is up 0.0025 cents.

   CME GLOBEX RECAP: Overnight, corn prices declined, soybean prices increased,
and wheat prices moved slightly higher. On Thursday, all three markets closed
higher, with soybeans gaining by double digits. The basis for soybeans and
spring wheat was stronger on Thursday, while the basis for corn, hard red
winter wheat, and soft red winter wheat remained steady. Until now, traders
have had to speculate whether China has been buying soybeans over the past two
months. They have also had to guess whether corn demand is truly as export
inspections suggest. The wait is over. Reports for Friday include the release
of all delayed reportable export sales that occurred during the government
shutdown. The Foreign Agricultural Service will release them at 7:30 a.m. CST.
Then, at 11 a.m. CST, USDA will publish its November Crop Production and World
Agricultural Supply and Demand Estimates (WASDE) reports, marking the first
government estimates since September. It's uncertain whether Friday's
Commitments of Traders Report will be issued. Nonetheless, the markets are
about to be flooded with data.

   OUTSIDE MARKETS: The previous closes on Thursday showed the Dow Jones
Industrial Average down 797.60 at 47,457.22 and the S&P 500 down 113.43 at
6,737.49. The 10-Year Treasury yield ended at 4.112%. Early Friday, the
December Dow Jones Futures are down 171 points. European markets are lower with
the spot futures of London's FTSE 100 trading down 1.45%, spot futures of
Germany's DAX are trading down 1.25% and the spot futures of France's CAC 40
Index are down 1.17%. Asian markets are lower, with Japan's Nikkei 225 Index
down 1.77% and China's Shanghai Composite Index down 0.97%.