DTN Early Word Grains         11/11 05:34
   Row-Crop Market Volatility Expected Ahead of Friday's Data Dump

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 1/4 cent per bushel,
January soybeans are down 3 1/4 cents, December KC wheat is down 1 1/4 cents,
December Chicago wheat is steady, and MIAX December Minneapolis wheat is up
0.0125 cents.

Mike McGinnis
DTN Contributing Analyst

   CME GLOBEX RECAP: Corn, soybean, and wheat prices declined overnight. The
futures for corn, soybeans, and wheat finished higher on Monday. The basis for
hard red winter wheat strengthened on Monday, whereas the basis for corn,
soybeans, soft red winter wheat, and hard red spring wheat remained steady.
This week's grain and oilseed markets are expected to stay volatile due to
Friday's USDA WASDE Report. Additionally, traders woke up on Tuesday to the
news that the Senate had approved a spending package to end the record-long
government shutdown. The House will vote on it, possibly Wednesday, and then
President Trump will need to sign it. In observance of Veterans Day, the U.S.
bond market will be closed Tuesday, and Canadian markets will also be closed
for Remembrance Day. Meanwhile, U.S. grain markets are likely to experience
low-volume, choppy price movement ahead of Friday's USDA reports.

   OUTSIDE MARKETS: The previous close on Monday showed the Dow Jones
Industrial Average up 381.53 points at 47,368.63 and the S&P 500 up 103.63
points at 6,832.43. The 10-Year Treasury yield ended at 4.11%. Early Tuesday,
the December Dow Jones Futures are up 9 points. European markets are higher
with the spot futures of London's FTSE 100 trading up 0.68%, spot futures of
Germany's DAX are trading up 0.08% and the spot futures of France's CAC 40
Index are up 0.69%. Asian markets are lower with Japan's Nikkei 225 Index down
0.14% and China's Shanghai Composite Index down 0.39%. The December euro is up
0.001 at 1.160, and the December U.S. Dollar Index is down 0.027 at 99.435. The
December 30-Year T-Bond is down 6/32nds, while December gold is up $26.70 at
$4,148.70 and December crude oil is up $0.19 at $60.32. On China's Dalian
Exchange, January corn was up 0.88% while January soybeans were up 0.34%,
January soybean meal was up 0.23% and January Malaysian Palm Oil was trading up
0.61%.