DTN Early Word Grains         12/11 05:47
   Row-Crop Traders Move on From USDA Data, Eye Daily Demand

   March corn is up 3 cents per bushel, January soybeans are up 1 1/4 cents,
March KC wheat is up 3 cents, March Chicago wheat is up 3 cents, and MIAX March
Minneapolis wheat is up 0.0325 cents.

Mike McGinnis
DTN Contributing Analyst

   MORNING GLOBEX NET CHANGES: March corn is up 3 cents per bushel, January
soybeans are up 1 1/4 cents, March KC wheat is up 3 cents, March Chicago wheat
is up 3 cents, and MIAX March Minneapolis wheat is up 0.0325 cents.

   CME GLOBEX RECAP: On Wednesday, soybeans attracted buyers, while corn and
wheat prices declined. Soybean basis weakened on Wednesday, whereas corn, soft
red winter wheat, hard red winter wheat, and hard red spring wheat basis
remained steady. Soybean traders are moving past the USDA's mostly neutral
December WASDE Report. Corn prices were influenced downward on Wednesday by the
softening wheat market. On Thursday, the U.S. Census Bureau will release the
delayed September trade balance report at 7:30 a.m. CST. Simultaneously, USDA
will publish another catch-up export sales report for the week ending November
13. Later in the day, ERS will issue a series of commodity outlooks, including
its monthly Feed, Wheat, and Oil Crops Outlooks at 2 p.m. CST.

   OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones
Industrial Average up 497.46 at 48,057.75 and the S&P 500 up 46.17 at 6,886.68.
The 10-Year Treasury yield ended at 4.164%. Early Thursday, the December Dow
Jones Futures are down 104 points. European markets are higher with the spot
futures of London's FTSE 100 trading up 0.07%, spot futures of Germany's DAX
are trading up 0.21% and the spot futures of France's CAC 40 Index are up
0.53%. Asian markets are lower with Japan's Nikkei 225 Index down 0.9% and
China's Shanghai Composite Index down 0.7%.