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DTN Early Word Grains         09/29 05:57
   Grains Like Coffee Too

   December corn was 3 cents higher, November soybeans were 9 cents higher, and
December Chicago wheat was 2 cents higher.

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   December corn was 3 cents higher, November soybeans
were 9 cents higher, and December Chicago wheat was 2 cents higher.

CME Globex Recap:   On International Coffee Day, it's only fitting to note that
coffee futures posted a strong rally overnight. And just for this day, it can
be said that the rally in coffee helped pull grain markets higher early
Thursday. This despite a continued rally in the U.S. dollar index and the
energy complex trading lower. Meanwhile, gold and DJIA futures were both
posting small gains.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 110.94 points (0.6%)
higher at 18,339.24, the NASDAQ Composite gained 12.84 points (0.2%) to
5,318.55, and the S&P 500 rallied 11.44 points (0.5%) to close at 2,171.37
Wednesday. DJIA futures were 10 points higher overnight. Asian markets were
mostly higher with Japan's Nikkei up 228.31 points (1.4%) and China's Shanghai
Composite gaining 10.63 points (0.4%). European markets were also mostly higher
with London's FTSE 100 up 79.69 points (1.2%), Germany's DAX rallied 83.97
points (0.9%), and France's CAC 40 gained 55.61 points (1.3%). The U.S. dollar
index was 0.119 higher at 95.550. Crude oil slipped $0.21 to $46.84 while Brent
crude lost $0.37 to $48.32. December gold was $1.10 higher at $1,324.80.
China's Dalian soybean and Malaysian palm oil futures were both higher
overnight.
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