DTN Early Word Grains         10/31 05:48
   Grain Markets Mixed With Soybeans Higher While Wheat, Corn are Lagging

   December corn is steady, January soybeans are up 5 3/4 cents, December KC
wheat is down 2 cents, December Chicago wheat is down 1 cent and December
Minneapolis wheat is down 1 1/4 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is steady, January soybeans
are up 5 3/4 cents, December KC wheat is down 2 cents, December Chicago wheat
is down 1 cent and December Minneapolis wheat is down 1 1/4 cents.

   CME GLOBEX RECAP: World equity markets are lower as uncertainly regarding
the outcome of next Tuesday's election and mixed economic data have equity
traders taking some profits. Wednesday's economic data was mixed, with the
first estimate of 3rd quarter GDP running at 2.8%, a little disappointing and
down from trade expectations at 3.1%. However, the ADP employment estimate was
233,000 jobs, a much stronger number than anticipated while pending home sales
were up 7.4%, also well above expectations.

   On Thursday morning, we will get personal income, personal spending, PCE
data, initial jobless claims, the U.S. employment cost index, and the Chicago
PMI. It is a big day for data.

   OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average down 91.51 at 42,141.54 and the S&P 500 down 19.25 at 5,813.67. The
10-Year Treasury yield ended at 4.266%. Early Thursday, the December Dow Jones
Futures are down 193 points. European markets are lower with the spot futures
of London's FTSE 100 trading down 0.8%, spot futures of Germany's DAX is
trading down 0.59% and the spot futures of France's CAC 40 Index down 0.93%.
Asian markets are mixed with Japan's Nikkei 225 Index down 0.5% and China's
Shanghai Composite Index up 0.42%.