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DTN Early Word Grains         10/03 05:47
   Wheat, Corn Higher Again After USDA's Bullish Reports

   December corn was up 6 cents, November soybeans were up 1 cent and December
KC wheat was up 12 cents

Todd Hultman
DTN Lead Analyst

   EARLY GLOBEX PRICES: December corn was up 6 cents, November soybeans were up
1 cent and December KC wheat was up 12 cents

   CME GLOBEX RECAP: Early Monday, stock futures in the U.S. were starting a
little higher, while European stocks were lower. The stock price of the Swiss
Bank, Credit Suisse, is lower early Monday with increased negative attention on
debt levels in this increasingly difficult economic environment. Manufacturing
indices in Europe showed contraction in September and the U.S. index is due out
at 9 a.m. CDT. USDA's weekly report of export inspections is due out at 10 a.m.
and may show signs of reduced barge traffic along the Lower Mississippi River
where water levels are low and the Climate Prediction Centered recently
predicted increased drought in October.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average down 500.10 at 28,725.51 and the S&P 500 down 54.85 at 3,585.62, while
the 10-Year Treasury yield increased to 3.80%, down from the highest yield in
12 years. Early Monday, December Dow Jones futures are trading up 100 points.
Asian markets are mixed with Japan's Nikkei 225 index up 1.077% and China's
Shanghai Composite Index closed for the week. European markets are lower with
the spot futures of the London FTSE 100 trading down 1.21%, spot futures of
Germany's DAX trading down 1.18% and spot futures of France's CAC Index trading
down 1.29%. The December euro is steady at $.9862. The December U.S. Dollar
Index is down 0.05 at 112.04. The December 30-year T-bond is up 10/32nds, while
December gold is down $0.90 at $1,671.10 and November crude oil is up $3.63 at
$83.12. There are no quotes from China's Dalian exchange this week due to a
national holiday. December Malaysian palm oil is trading up 1.1%.
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