DTN Early Word Grains         01/05 05:42
   Demand-Driven Row-Crop Markets Aim to Carry Status Into 2026

   EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 1/4 cents per bushel,
March soybeans are up 7 1/4 cents, March KC wheat is up 1 1/4 cents, March
Chicago wheat is up 1 3/4 cents, and MIAX March Minneapolis wheat is up 0.0100
cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 1/4 cents per bushel,
March soybeans are up 7 1/4 cents, March KC wheat is up 1 1/4 cents, March
Chicago wheat is up 1 3/4 cents, and MIAX March Minneapolis wheat is up 0.0100
cents.

   CME GLOBEX RECAP: On Friday, corn, soybeans, and wheat closed lower on low
volume and slow news. Corn, soybean, hard red winter wheat, and spring wheat
basis were stronger on Friday, while soft red winter wheat basis was weaker.
With up-to-date USDA data starting this week, traders will eye demand
fundamentals. USDA will release another catch-up report on Monday, Jan. 5,
after which the agency will return to its normal Thursday release schedule,
along with its standard data lag of one week. USDA's Weekly Export Inspection
Report gets released at 10 a.m. CST. CFTC will release its delayed Commitments
of Traders report with position data as of Tuesday, Dec. 30, at 2:30 p.m. CST.

   OUTSIDE MARKETS: The previous close on Friday showed the Dow Jones
Industrial Average up 319.10 at 48,382.39 and the S&P 500 up 12.97 at 6,858.47.
The 10-Year Treasury yield ended at 4.187%. Early Monday, the March Dow Jones
Futures are up 5 points. European markets are higher, with the spot futures of
London's FTSE 100 trading up 0.1%, spot futures of Germany's DAX are trading up
0.69% and the spot futures of France's CAC 40 Index are down 0.01%. Asian
markets are higher, with Japan's Nikkei 225 Index up 2.97% and China's Shanghai
Composite Index up 1.38%. The March Euro is down 0.004 at 1.172, and the March
U.S. Dollar Index is up 0.202 at 98.360.  The March 30-Year T-Bond is up
7/32nds, while February gold is up $115.10 at $4,444.70, and February crude oil
is up $0.18 at $57.50. On China's Dalian Exchange, March corn was down 0.27%
while May soybeans were up 0.61%, May soybean meal was down 0.47% and March
Malaysian Palm Oil was trading up 0.58%.