DTN Early Word Grains         01/14 05:51
   Grain Markets Lower After Another Strong Session Monday

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

Kent Beadle, DTN Contributing Analyst

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

   CME GLOBEX RECAP: World equity markets are mostly higher after a Monday in
which U.S. markets shrugged off another day of lower trade and managed to rally
to post modestly higher closes. Traders are looking ahead to this week's
release of the CPI and PPI reports, the most important data releases this week.
These reports will impact trader sentiment on what the Fed's next move will be
with interest rates.

   OUTSIDE MARKETS: Previous close Mondays showed the Dow Jones Industrial
Average up 358.67 at 42,297.12 and the S&P 500 up 9.18 at 5,836.22. The 10-Year
Treasury yield ended at 4.803%. Early Tuesday, the March Dow Jones Futures are
up 135 points. European markets are higher with the spot futures of London's
FTSE 100 trading up 0.02%, spot futures of Germany's DAX is trading up 0.74%
and the spot futures of France's CAC 40 Index up 1.15%. Asian markets are lower
with Japan's Nikkei 225 Index down 1.46% and China's Shanghai Composite Index
up 2.54%.