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DTN Early Word Grains         07/18 05:58
   Grains Start Higher, Other Commodities Red

   December corn was up 2 cents, November soybeans were up 4 1/4 cents, and
September Kansas City (HRW) wheat was up 4 1/2 cents.

By Todd Hultman
DTN Analyst

6:00 a.m. CME Globex:   December corn was up 2 cents, November soybeans were up
4 1/4 cents, and September Kansas City (HRW) wheat was up 4 1/2 cents.

CME Globex Recap:   Once again, outside stock markets are mixed to a little
higher and Treasury yields are roughly unchanged early Wednesday. This time
however, the U.S. dollar index is higher after Federal Reserve Chairman Powell
told the Senate Tuesday that the Fed remains committed to gradual rate hikes.
Most commodities outside of grains are trading lower while grains themselves,
are starting higher.

OUTSIDE MARKETS:   Previous closes on Tuesday showed the Dow Jones Industrial
Average up 55.53 points at 25,119.89 and the S&P 500 up 11.12 points at
2,809.55 while the 10-year Treasury yield ended at 2.86%. Early Wednesday, DJIA
futures were up 2 points. Asian markets are mixed with Japan's Nikkei 225 up
96.83 (0.4%) and China's Shanghai Composite down 10.87 (-0.4%). European
markets are higher with London's FTSE 100 up 45.30 points (0.6%), Germany's DAX
up 99.69 points (0.8%), and France's CAC 40 up 28.96 points (0.5%). The euro
was down .0043 and the U.S. dollar index was up 0.31 at 95.29. September
30-year T-Bonds were up 3/32nds while August gold was down $4.70 at $1,222.60
and August crude oil was down $0.52 at $67.56. Soybeans on China's Dalian
Exchange were roughly steady and Malaysian palm oil futures were up 1.8%.
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