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DTN Early Word Grains         12/09 05:58
   Grains Mostly Lower Early Thursday, Await Export Sales and WASDE

   March corn was up 1/4 cent, March soybeans were down 5 1/2 cents and March
KC wheat was down 10 cents.

Todd Hultman
DTN Lead Analyst

   Pre-6 a.m. Globex Prices: March corn was up 1/4 cent, March soybeans were
down 5 1/2 cents and March KC wheat was down 10 cents.

   CME Globex Recap: Early Thursday, Dow Jones futures and European stocks are
starting mostly lower. According to RTTNews.com and the Wall Street Journal,
hiring in the U.K. was up sharply in November, but now the Prime Minister has
set out a new work-from-home mandate as a protection from the new omicron
variant. Nearly all commodities are starting lower Thursday, but it is
interesting to note January soybean meal on the Dalian was up 2.0%. Later
Thursday morning, traders will see USDA's weekly report of export sales, weekly
jobless claims, the latest U.S. Drought Monitor, natural gas storage and USDA's
WASDE report for December.

   OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average up 35.32 at 35,754.75 and the S&P 500 up 14.46 at 4,701.21 as the
10-Year Treasury yield ended at 1.51%. Early Thursday, December Dow Jones
futures are trading down 122 points. Asian markets are mixed with Japan's
Nikkei 225 index down 0.47% and China's Shanghai Composite Index up 0.98%.
European markets are a little lower with the spot futures of the London FTSE
100 trading down 0.15%, spot futures of Germany's DAX trading down 0.36% and
spot futures of France's CAC Index trading down 0.12%. The December euro is
down $0.0030 at $1.1321. The December U.S. Dollar Index is up 0.19 at 96.07.
The March 30-year T-bond is up 7/32nds, while February gold is down $3.50 at
$1,782.0 and January crude oil is down $0.35 at $72.01. On China's Dalian
exchange, January corn was down 0.2%, January soybeans were up 2.0%, January
soybean meal was up 1.5% and January soybean oil was down 1.0%. September
common wheat on China's Zhengzhou exchange was unchanged. February Malaysian
palm oil is trading down 1.4% and March milling wheat is down 1.1%.
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