DTN Early Word Grains         10/17 05:48
   Grain Markets Lower on Poor Technical Outlook, Brazilian Rainfall, Harvest
Pressure

   December corn is down 2 1/4 cents per bushel, November soybeans are down 8
1/4 cents, December KC wheat is down 2 3/4 cents, December Chicago wheat is
down 3 3/4 cents and December Minneapolis wheat is up 1 3/4 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 2 1/4 cents per
bushel, November soybeans are down 8 1/4 cents, December KC wheat is down 2 3/4
cents, December Chicago wheat is down 3 3/4 cents and December Minneapolis
wheat is up 1 3/4 cents.

   CME GLOBEX RECAP: World equity markets mixed, with Europe and the U.S.
higher while Asian markets are lower Thursday morning. On Wednesday, markets
recovered from the tech-led selloff as the chip sector has rebounded on better
earnings from major chipmakers. Most of the major economic data for this week
will be released Thursday, with initial jobless claims, retail sales,
industrial production, capacity utilization, and business inventories all being
released Thursday morning.

   OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average up 337.28 at 43,077.70 and the S&P 500 up 27.21 at 5,842.47. The
10-Year Treasury yield ended at 4.016%. Early Thursday, the December Dow Jones
Futures are down 9 points. European markets are mixed/higher/lower with the
spot futures of London's FTSE 100 trading up 0.35%, spot futures of Germany's
DAX is trading up 0.68% and the spot futures of France's CAC 40 Index up 1.21%.
Asian markets are mixed/higher/lower with Japan's Nikkei 225 Index down 0.69%
and China's Shanghai Composite Index down 1.05%.