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DTN Early Word Grains         10/02 05:57
   Grains Mixed Early Thursday

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

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   December corn 1 cent lower, November soybeans 4 cents
lower, and December Chicago wheat 2 cents higher.

CME Globex Recap:   Grain contracts were mixed early Thursday morning, with
wheat contracts rallying while corn and soybeans were lower. Pressure in the
latter (corn and soybeans) was tied to ongoing harvest, though progress has
been slowed this week by rain with another larger system sitting out in the
western Corn Belt. Despite a lower U.S. dollar index most commodities were
trading lower. Crude oil was showing a solid $2.00 sell-off again overnight.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 238.19 points lower
Wednesday at 16,804.71. Dow Jones Industrial Average futures were 21 points
lower overnight. Asian markets were mostly lower with the Nikkei down 420.26
points at 15,661.99. The Hong Kong market was closed for holiday. European
markets were also mostly lower. The overnight crude oil market was $2.07 lower
at $88.66 while Brent crude was $2.16 lower at $92.00. The December gold
contract was $0.80 lower at $1,214.70 while the U.S. dollar index was 0.222
lower at 85.750. Soybeans at the Dalian Exchange were closed for holiday while
Malaysian palm oil contracts were lower.
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