DTN Early Word Grains         10/14 05:48
   U.S. Harvest, Brazil's Planting Seasons, Pressure Corn, Soybean Markets

   December corn is steady, November soybeans are down 4 1/4 cents, December KC
wheat is down 3 1/4 cents, December Chicago wheat is down 3 1/2 cents, and MIAX
December Minneapolis wheat is down 0.0075 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is steady, November soybeans
are down 4 1/4 cents, December KC wheat is down 3 1/4 cents, December Chicago
wheat is down 3 1/2 cents, and MIAX December Minneapolis wheat is down 0.0075
cents.

   CME GLOBEX RECAP: Soybeans closed slightly higher on Monday, while corn and
wheat ended slightly lower. SRW wheat and HRW wheat basis were steady on
Monday, while corn and spring wheat basis were weaker. Outside of anecdotal
corn and soybean yield reports, estimates of how harvest progress might be
going, traders have little to decide the price direction for corn and soybean
markets. For wheat, global crop estimates keep going higher, pressuring the
market. Monday's Export Inspection Report was delayed until Tuesday due to the
Columbus Day holiday. Therefore, the farm markets remain in a choppy pattern.
The news on Monday that President Trump and China's President Xi Jinping will
still meet later this month, despite threats of increased tariffs on Chinese
imports, keeps traders hopeful of a soybean trade agreement. On Tuesday,
Beijing announced a ban on Chinese companies from doing business with U.S.
subsidiaries of a South Korean shipbuilding giant.

   OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial
Average up 587.98 at 46,067.58 and the S&P 500 up 102.21 at 6,654.72. The
10-Year Treasury yield ended at 4.051%. Early Tuesday, the December Dow Jones
Futures are down 284 points. European markets are lower with the spot futures
of London's FTSE 100 trading down 0.28%, spot futures of Germany's DAX are
trading down 1.01% and the spot futures of France's CAC 40 Index are down
0.92%. Asian markets are lower, with Japan's Nikkei 225 Index down 1.02% and
China's Shanghai Composite Index down 0.62%.