DTN Early Word Grains         10/29 05:47
   Grain Markets Higher on Strong Demand, Poor Initial Winter Wheat Condition
Rating

   December corn is up 2 1/4 cents per bushel, November soybeans are up 5 3/4
cents, December KC wheat is up 4 cents, December Chicago wheat is up 3 1/4
cents and December Minneapolis wheat is up 2 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 2 1/4 cents per
bushel, November soybeans are up 5 3/4 cents, December KC wheat is up 4 cents,
December Chicago wheat is up 3 1/4 cents and December Minneapolis wheat is up 2
cents.

   CME GLOBEX RECAP: World equity markets are mixed, but mostly higher on
Tuesday morning after the U.S. market rebounded on Monday on decent earnings
reports. This week has a ton of new data, beginning Tuesday with the Jolts
report (job openings), consumer confidence and the Case-Shiller home price
index. With both the employment report and the PCE report being released later
this week, we would anticipate some volatility in equity markets in advance of,
and after the release of those reports.

   OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average up 273.17 at 42,387.57 and the S&P 500 up 15.40 at 5,823.52. The
10-Year Treasury yield ended at 4.278%. Early Tuesday, the December Dow Jones
Futures are down 38 points. European markets are higher with the spot futures
of London's FTSE 100 trading up 0.05%, spot futures of Germany's DAX is trading
up 0.31% and the spot futures of France's CAC 40 Index up 0.44%. Asian markets
are mixed with Japan's Nikkei 225 Index up 0.77% and China's Shanghai Composite
Index down 1.08%.