DTN Early Word Grains         09/15 05:51
   Corn, Soybean Markets Attempt to Extend Friday's Double-Digit Rally

   December corn is down 4 cents per bushel, November soybeans are down 5
cents, December KC wheat is down 2 1/2 cents, December Chicago wheat is down 2
cents, and MIAX December Minneapolis wheat is up 0.0025 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 4 cents per bushel,
November soybeans are down 5 cents, December KC wheat is down 2 1/2 cents,
December Chicago wheat is down 2 cents, and MIAX December Minneapolis wheat is
up 0.0025 cents.

   CME GLOBEX RECAP: Corn, soybean, and wheat futures rallied on Friday,
capturing most of the gains for the week. The rally came at the end of the
day's trade. It sent a signal that the trade ignored the USDA's mostly bearish
September Supply/Demand and WASDE Report. Immediately following the USDA data
that raised corn and soybean planting acreage from August's estimates and that
left the U.S. soybean yield estimate unchanged, farm markets dropped.
Ultimately, traders shook off the bearishness, and buying ensued. It's been
said before on report days, "It's not how you open but how you close." As we
advance, traders will focus on harvest progress and yield monitors from
combines. Corn, soybean, spring wheat, HRW wheat, and soft red winter wheat
basis were steady on Friday. Treasury Secretary Scott Bessent and China's top
negotiator are holding a second day of talks in Madrid. Tech and trade tensions
are the focus Monday. Soybean stakeholders will eye any news on export business.

   OUTSIDE MARKETS: The previous closes on Friday showed the Dow Jones
Industrial Average down 273.78 at 45,834.22 and the S&P 500 down 3.18 at
6,584.29. The 10-Year Treasury yield ended at 4.061%. Early Monday, the
September Dow Jones Futures are up 100 points. European markets are mixed, with
the spot futures of London's FTSE 100 trading down 0.06%, spot futures of
Germany's DAX are trading up 0.37% and the spot futures of France's CAC 40
Index are up 1.04%. Asian markets are mixed, with Japan's Nikkei 225 Index up
0.89% and China's Shanghai Composite Index down 0.26%.