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DTN Early Word Grains         08/03 05:48
   Getting Up to See Grains Go Down

   December corn was 6 cents lower, November soybeans were 9 cents lower, and
September Chicago wheat was 5 cents lower.

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   December corn was 6 cents lower, November soybeans were
9 cents lower, and September Chicago wheat was 5 cents lower.

CME Globex Recap:   It's another early Monday morning, so almost as if by law
grain markets are lower again. And not just lower, but near overnight session
lows as pressure continues to build through the early morning hours from
another weekend of nonthreatening weather. Outside commodities were also lower
with metals and energies down (the exception being natural gas) while the U.S.
dollar index posted a small rally.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 56.12 points lower
Friday at 17,689.86. Asian markets were mostly lower with the Nikkei down 37.13
points at 20,548.11 while China's Shanghai Composite was down another 40.82
points. European markets were mostly higher. The U.S. dollar index was 0.055
higher at 97.391. Crude oil was $0.73 lower at $46.39 while Brent crude was
$1.20 lower at $51.01. December gold was $3.30 lower at $1,091.80. Soybeans at
the Dalian Exchange and Malaysian palm oil were both lower.
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