DTN Early Word Grains         11/13 05:44
   Row-Crop Markets Set to Digest USDA Data Fireworks

   December corn is down 1/4 cent per bushel, January soybeans are up 4 1/2
cents, December KC wheat is down 2 1/4 cents, December Chicago wheat is down 3
1/4 cents, and MIAX December Minneapolis wheat is down 0.0175 cents.

Mike McGinnis
DTN Contributing Analyst

   MORNING GLOBEX NET CHANGES: December corn is down 1/4 cent per bushel,
January soybeans are up 4 1/2 cents, December KC wheat is down 2 1/4 cents,
December Chicago wheat is down 3 1/4 cents, and MIAX December Minneapolis wheat
is down 0.0175 cents.

   CME GLOBEX RECAP: Corn, soybean, and wheat prices were mostly lower
overnight. On Wednesday, all three markets closed higher. Corn basis
strengthened on Wednesday, while soybean, hard red winter wheat, soft red
winter wheat, and spring wheat basis remained steady. Overall, traders are
positioning themselves ahead of the upcoming data release on Friday.
Wednesday's grain trade was marked by a three-session rally in the corn market.
Most analysts expect the USDA's Friday November WASDE and Crop Production
Reports to lower the corn yield but still report a record-large production
estimate. For soybeans, Friday's report is anticipated to be market-friendly,
with a decrease in both yield and production. Traders will also watch global
wheat estimates in Friday's data.

   OUTSIDE MARKETS: The previous closes on Wednesday showed the Dow Jones
Industrial Average up 326.86 at 48,254.82 and the S&P 500 up 4.31 at 6,850.92.
The 10-Year Treasury yield ended at 4.065%. Early Thursday, the December Dow
Jones Futures are up 28 points. European markets are lower with the spot
futures of London's FTSE 100 trading down 0.28%, spot futures of Germany's DAX
are trading down 0.52% and the spot futures of France's CAC 40 Index are up
0.56%. Asian markets are higher, with Japan's Nikkei 225 Index up 0.43% and
China's Shanghai Composite Index up 0.73%.