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DTN Early Word Grains         11/17 05:54
   Row-Crop Markets to Eye Export News, South America Weather

   December corn is up 1 1/2 cents per bushel, January soybeans are up 9 3/4
cents, March KC wheat is up 3 1/2 cents, December Chicago wheat is up 5 cents,
and MIAX March Minneapolis wheat is up 0.0425 cents.

Mike McGinnis
DTN Contributing Analyst

   MORNING GLOBEX NET CHANGES: December corn is up 1 1/2 cents per bushel,
January soybeans are up 9 3/4 cents, March KC wheat is up 3 1/2 cents, December
Chicago wheat is up 5 cents, and MIAX March Minneapolis wheat is up 0.0425
cents.

   CME GLOBEX RECAP: Overnight, corn, soybeans, and wheat prices rose. On
Friday, all three markets closed lower by double digits following the release
of the USDA's WASDE and Crop Production Reports. The basis for hard red spring
wheat weakened on Friday, while the basis for corn, soybeans, soft red winter
wheat, and hard red winter wheat remained steady. Friday's USDA reports on
WASDE and Crop Production were bearish for corn prices because the average
yield estimate of 186 bushels per acre (bpa) was higher than the trade
expected. For soybeans, the USDA reduced its yield estimate, but overall
production still reaches a record, while exports were lowered. An increase in
2025-26 world ending stocks pressured the wheat market. Additionally, the
USDA's data mostly aligned with what wheat traders anticipated.

   OUTSIDE MARKETS: The previous closes on Friday showed the Dow Jones
Industrial Average down 309.74 at 47,147.48 and the S&P 500 down 3.38 at
6,734.11. The 10-Year Treasury yield ended at 4.148%. Early Monday, the
December Dow Jones Futures are down 20 points. European markets are lower with
the spot futures of London's FTSE 100 trading down 0.13%, spot futures of
Germany's DAX are trading down 0.62% and the spot futures of France's CAC 40
Index are down 0.45%. Asian markets are lower with Japan's Nikkei 225 Index
down 0.1% and China's Shanghai Composite Index down 0.46%.