DTN Early Word Grains         09/18 05:43
   Corn, Soybean Markets Face Wet Harvest Weather

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

Mike McGinnis
DTN Contributing Analyst

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

   CME GLOBEX RECAP: Corn, soybean, and wheat futures declined on Wednesday.
Corn faced resistance from chart selling, soybeans were pressured by weaker
soybean oil futures, and rainy weather pushed wheat prices lower. Corn, spring
wheat, HRW wheat, SRW wheat, and soybean basis remained steady. Harvest
activity continues to influence the corn and soybean markets in the background.
Traders are still waiting for the outcome of Friday's meeting between President
Trump and Chinese President Xi. Technology is the main topic; soybean trade may
or may not be discussed. Wednesday's Federal Reserve interest rate cut was
expected, and the market's mild reaction indicated it had been priced in. Two
additional rate cuts are anticipated this year.

   OUTSIDE MARKETS: The previous closes on Wednesday showed the Dow Jones
Industrial Average up 260.42 at 46,018.32 and the S&P 500 down 6.41 at
6,600.35. The 10-Year Treasury yield ended at 4.076%. Early Thursday, the
December Dow Jones Futures are up 333 points. European markets are higher, with
the spot futures of London's FTSE 100 trading up 0.15%, spot futures of
Germany's DAX are trading up 1.28% and the spot futures of France's CAC 40
Index are up 1.15%. Asian markets are mixed, with Japan's Nikkei 225 Index up
1.15% and China's Shanghai Composite Index down 1.15%. The December Euro is up
0.000 at 1.190, and the December U.S. Dollar Index is up 0.025 at 96.545.