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DTN Early Word Grains         11/07 05:50
   Traders Eye Government Reopening Talk, Return of USDA Data

   December corn is down 3/4 cent per bushel, January soybeans are up 2 3/4
cents, December KC wheat is down 2 cents, December Chicago wheat is down 2 1/2
cents, and MIAX December Minneapolis wheat is up 0.0100 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 3/4 cent per bushel,
January soybeans are up 2 3/4 cents, December KC wheat is down 2 cents,
December Chicago wheat is down 2 1/2 cents, and MIAX December Minneapolis wheat
is up 0.0100 cents.

   CME GLOBEX RECAP: Soybean futures whipsawed sharply lower on Thursday, with
wheat falling double-digits too and corn also lower. It was a broad-based
sell-off that bled into the stock market as well. Soybean basis was weaker,
while corn, SRW wheat, and HRW wheat basis were steady, and spring wheat basis
was stronger on Thursday. The soybean futures market shaved off 26 cents, after
the January contract had risen $1.10 per bushel since October 14. The
overbought market pressure had been building. Corn followed the day's soybean
and wheat risk-off momentum. Otherwise, demand remains supportive for corn.
Wheat prices have rallied 55 cents over a 12-session timeframe. Like for
soybeans, the sell-off for wheat had been building.

   OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial
Average down 398.70 at 46,912.30 and the S&P 500 down 75.97 at 6,720.32. The
10-Year Treasury yield ended at 4.093%. Early Friday, the December Dow Jones
Futures are down 32 points. European markets are lower with the spot futures of
London's FTSE 100 trading down 0.45%, spot futures of Germany's DAX are trading
down 0.66% and the spot futures of France's CAC 40 Index are down 0.46%. Asian
markets are lower, with Japan's Nikkei 225 Index down 1.19% and China's
Shanghai Composite Index down 0.25%.
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