DTN Early Word Grains         10/20 05:52
   Soybean Traders Look to Carryover Momentum from Friday

   December corn is up 1/2 cent per bushel, November soybeans are up 8 1/4
cents, December KC wheat is up 3/4 cent, December Chicago wheat is up 1/2 cent,
and MIAX December Minneapolis wheat is down 0.0100 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 1/2 cent per bushel,
November soybeans are up 8 1/4 cents, December KC wheat is up 3/4 cent,
December Chicago wheat is up 1/2 cent, and MIAX December Minneapolis wheat is
down 0.0100 cents.

   CME GLOBEX RECAP: The soybean market, closing 8 cents higher, led corn and
wheat prices upward on Friday. Corn and SRW wheat basis strengthened on Friday,
while soybean, HRW wheat, and spring wheat basis remained steady. Soybeans
fluctuated all week amid trade tension talks between the U.S. and China. On
Friday, President Trump said he still plans to meet with President Xi of China
at the end of this month. For corn, technical signals pushed the market to its
fourth consecutive higher session. The rally in corn prices boosted wheat
prices. Wheat traders continue to monitor global currency values, despite ample
world wheat supplies.

   OUTSIDE MARKETS: The previous closes on Friday showed the Dow Jones
Industrial Average up 238.37 at 46,190.61 and the S&P 500 up 34.94 at 6,664.01.
The 10-Year Treasury yield ended at 4.007%. Early Monday, the December Dow
Jones Futures are up 89 points. European markets are mixed with the spot
futures of London's FTSE 100 trading up 0.29%, spot futures of Germany's DAX
are trading down 1.76% and the spot futures of France's CAC 40 Index are up
0.6%. Asian markets are higher with Japan's Nikkei 225 Index up 3.37% and
China's Shanghai Composite Index up 0.63%.