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DTN Early Word Grains         12/01 05:45
   Traders Eye Brazil's Crop Weather, U.S. Soybean Sales

   March corn is down 2 1/4 cents per bushel, January soybeans are down 4
cents, March KC wheat is down 4 cents, March Chicago wheat is down 4 1/2 cents,
and MIAX March Minneapolis wheat is down 0.0050 cents.

Mike McGinnis
DTN Contributing Analyst

   MORNING GLOBEX NET CHANGES: March corn is down 2 1/4 cents per bushel,
January soybeans are down 4 cents, March KC wheat is down 4 cents, March
Chicago wheat is down 4 1/2 cents, and MIAX March Minneapolis wheat is down
0.0050 cents.

   CME GLOBEX RECAP: Trading of futures and options on the Chicago Mercantile
Exchange was halted early Friday due to a data-center fault. Corn and soft red
winter wheat gained strength, while soybean basis and spring wheat basis
weakened on Friday. Hard red winter wheat basis remained steady. To begin the
month, traders will try to extend the gains in the corn market seen during
Thanksgiving week, when March futures posted their highest weekly close since
early July. USDA's daily sales reports on the soybean business with China will
be monitored. Weekend reports indicated that China rejected some Brazilian
cargoes over contamination concerns after wheat was reportedly found in a
shipment. Monday, USDA will release another delayed export sales report for the
week ending October 23 (at 7:30 a.m. CST), along with its regular export
inspections report at 10 a.m. CST. Later in the afternoon, USDA will release
the first Fats and Oils and Grain Crushings reports since the government
shutdown, providing updates on soybean crush pace and corn ethanol usage across
the U.S.

   OUTSIDE MARKETS: The previous closes on Friday showed the Dow Jones
Industrial Average up 289.30 at 47,716.42 and the S&P 500 up 36.48 at 6,849.09.
The 10-Year Treasury yield ended at 4.017%. Early Monday, the December Dow
Jones Futures are down 233 points. European markets are lower, with the spot
futures of London's FTSE 100 trading down 0.11%, spot futures of Germany's DAX
are trading down 1.33% and the spot futures of France's CAC 40 Index are down
0.76%. Asian markets are mixed, with Japan's Nikkei 225 Index down 1.89% and
China's Shanghai Composite Index up 0.65%.
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