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DTN Early Word Grains         10/20 05:56
   Grains Start the Week Lower

   Corn is lower at 6 a.m. (CT); soybeans are lower; wheat is lower.

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   December corn 4 cents lower, November soybeans 10 cents
lower, and December Chicago wheat 7 cents lower.

CME Globex Recap:   Grains were under pressure for the duration of the
overnight session, with only Kansas City wheat showing a few ticks above
unchanged. Soybeans led the complex lower, with selling tied to improved
harvest conditions over the weekend. Outside markets were mixed with energies
mostly lower and gold higher.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 263.27 points higher
Friday at 16,380.41. Dow Jones Industrial Average futures were 55 points higher
overnight. Asian markets were higher with the Nikkei up 578.72 points at
15,111.23 and the Hong Kong market up 47.05 points. European markets were
mostly lower. The overnight crude oil market was $0.09 higher at $82.84 while
Brent crude was $0.31 lower at $85.85. The December gold contract was $2.90
higher at $1,241.90 while the U.S. dollar index was 0.027 higher at 85.137.
Soybeans at the Dalian Exchange were lower while Malaysian palm oil contracts
were also lower.
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