DTN Early Word Grains         08/17 05:45
   Row-Crop Markets Look to Extend Rallies from Friday

   December corn is up 3 3/4 cents per bushel, November soybeans are up 7
cents, December KC wheat is down 2 3/4 cents, September Chicago wheat is down 3
1/2 cents, and MIAX December Minneapolis wheat is up 0.0300 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 3 3/4 cents per
bushel, November soybeans are up 7 cents, December KC wheat is down 2 3/4
cents, September Chicago wheat is down 3 1/2 cents, and MIAX December
Minneapolis wheat is up 0.0300 cents.

   CME GLOBEX RECAP: On Friday, December corn rose 11 1/4 cents, November rose
10 1/4 cents, and December KC wheat rose 33 cents. Soybean and soft red winter
wheat basis strengthened on Friday, while corn, hard red winter wheat and hard
red spring wheat basis held steady. The wheat market rallied off the grain
shipping uncertainty in the Black Sea. The fighting between Ukraine and Russia
centered around significant grain ports. Corn battled technical signals, but
strong demand helped it move higher. Soybeans' strength from demand was limited
by bearish weather forecasts. Outside factors are bullish, with crude oil
moving higher early Monday and the U.S. dollar at a 10-week low. USDA will
release its regular Monday reports, starting with Export Inspections at 10 a.m.
CDT, followed by the weekly Crop Progress update at 3 p.m. CDT.

   OUTSIDE MARKETS: The previous close on Friday showed the Dow Jones
Industrial Average down 107.58 at 53,732.41 and the S&P 500 down 13.23 at
7,785.76. The 10-Year Treasury yield ended at 4.696%. Early Monday, the
September Dow Jones Futures are down 82 points. European markets are lower,
with the spot futures of London's FTSE 100 trading down 0.01%, spot futures of
Germany's DAX trading down 0.08%, and the spot futures of France's CAC 40 Index
down 0.17%. Asian markets are higher, with Japan's Nikkei 225 Index up 0.74%
and China's Shanghai Composite Index up 1.41%.