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DTN Early Word Grains         12/18 06:00
   Wheat Continues to Roar, Other Grains Follow

   March corn was 5 cents higher, January soybeans 7 cents higher, and March
Chicago wheat 15 cents higher.

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   March corn was 5 cents higher, January soybeans 7 cents
higher, and March Chicago wheat 15 cents higher.

CME Globex Recap:   Winter wheat contracts continue to storm higher, with solid
double-digit gains seen by both March Chicago and Kansas City issues. Strong
commercial buying once again provided support. Corn and soybeans followed along
behind with corn contracts near overnight session highs early Thursday morning.
Outside markets were also higher, led by the suddenly resurgent crude oil. The
U.S. dollar index was down about 0.200 early Thursday.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 288.00 points higher
Wednesday at 17,356.87. Dow Jones futures were 208 points higher early
Thursday. Asian markets were mostly higher with the Nikkei up 390.32 points at
17,210.05 while the Hong Kong market was up 246.37 points. European markets
were also mostly higher. The overnight crude oil market was $1.67 higher at
$58.14 while Brent crude was $1.91 higher at $63.09. The February gold contract
was $15.40 higher at $1,209.90 while the U.S. dollar index was 0.196 lower at
88.937. Soybeans at the Dalian Exchange were mixed while Malaysian palm oil
contracts were higher.
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