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DTN Early Word Grains         07/10 06:00
   Corn, Soybeans a Little Higher Ahead of USDA

   December corn is up 1 1/4 cents, November soybeans are up 1 3/4 cents and
September KC wheat is down 4 cents.

Todd Hultman
DTN Lead Analyst

   Pre-6 a.m. Globex Prices: December corn is up 1 1/4 cents, November soybeans
are up 1 3/4 cents and September KC wheat is down 4 cents.

   CME Globex Recap: European stock markets are modestly higher early Friday,
but Dow Jones futures are lower in the U.S. with investors apprehensive about
the resurgence of this summer's coronavirus infections. Crude oil is trading
lower, but commodities are mixed. Row crop prices continue to find support from
a hot and dry forecast, while wheat prices are a little lower ahead of Friday's
WASDE report from USDA, set for 11 a.m. CDT.

   OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial
Average down 361.19 at 25,706.09 and the S&P 500 down 17.89 at 3,152.05 while
the 10-Year Treasury yield ended at 0.60%. Early Friday, September Dow Jones
futures are down 150 points. Asian markets are lower with Japan's Nikkei 225
down 238.48 points (-1.0%) and China's Shanghai Composite down 67.27 points
(-2.0%). European markets are higher with London's FTSE 100 up 12.27 points
(0.2%), Germany's DAX up 29.73 points (0.2%) and France's CAC 40 up 7.26 points
(0.1%). The September euro is down $.0008 at $1.1305. The September U.S. Dollar
Index is up 0.01 at 96.68. The September 30-year T-bond is up 1 point, while
August gold is up $9.40 at $1,813.20 and September crude oil is down $0.97 at
$38.86. Soybeans are lower on China's Dalian Exchange, while soybean meal
prices are a little higher. September palm oil is trading up 0.9%, near its
highest prices in three months.
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