DTN Early Word Grains         01/14 05:45
   Row-Crop Markets Hunt for Bullish News

   March corn is up 3 cents per bushel, March soybeans are up 5 cents, March KC
wheat is down 1/2 cent, March Chicago wheat is up 1/4 cent, and MIAX March
Minneapolis wheat is up 0.0050 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: March corn is up 3 cents per bushel, March
soybeans are up 5 cents, March KC wheat is down 1/2 cent, March Chicago wheat
is up 1/4 cent, and MIAX March Minneapolis wheat is up 0.0050 cents.

   CME GLOBEX RECAP: On Tuesday, corn, soybean, and wheat markets finished
lower, with the deepest losses in the soybean market. The row-crop markets
still have a hangover from Monday's bearish USDA data that surprised many
traders. Corn, soybean, soft red winter wheat, and hard red winter wheat basis
were steady on Tuesday, while spring wheat basis was weaker. How fast can the
grains and oilseed markets move past the higher output and supply data?
Additionally, South America weather forecasts continue to support crop growth,
not to mention parts of Brazil are already bringing fresh soybean crops to
market. For wheat, robust global output has so far trumped strong U.S. exports
in 2026.

   OUTSIDE MARKETS: Previous closes on Tuesday showed the Dow Jones Industrial
Average down 398.21 at 49,191.99 and the S&P 500 down 13.53 at 6,963.74. The
10-Year Treasury yield ended at 4.171%. Early Wednesday, the March Dow Jones
Futures are down 185 points. European markets are mixed, with the spot futures
of London's FTSE 100 trading up 0.34%, spot futures of Germany's DAX are
trading down 0.34% and the spot futures of France's CAC 40 Index are up 0.11%.
Asian markets are mixed, with Japan's Nikkei 225 Index up 1.48% and China's
Shanghai Composite Index down 0.31%.