DTN Early Word Grains         12/26 05:44
   Low Volume Week-Ending Trading Session Expected for Row-Crops

   March corn is up 3 cents per bushel, March soybeans are up 12 cents, March
KC wheat is up 6 cents, March Chicago wheat is up 5 1/2 cents, and MIAX March
Minneapolis wheat is steady.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: March corn is up 3 cents per bushel, March
soybeans are up 12 cents, March KC wheat is up 6 cents, March Chicago wheat is
up 5 1/2 cents, and MIAX March Minneapolis wheat is steady.

   CME GLOBEX RECAP: On Wednesday, soybeans rallied by double-digits, with corn
and wheat finishing higher too. For corn, it's worth noting that the market has
closed higher in five of the last six sessions. Soybean prices attracted
buyers, making it interesting to see how long the interest lasts. Wheat showed
strength that, if sustained, would go a long way in shifting sentiment in the
wheat market, at least from a technical perspective. Corn and spring wheat
basis were stronger on Wednesday, while soybean basis and hard red winter wheat
basis were steady, and soft red winter wheat was weaker. With USDA offices
closed again on Friday, there are no government reports scheduled. Row crop
bulls will look to build off strong closes on Wednesday.

   OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones
Industrial Average up 288.75 at 48,731.16 and the S&P 500 up 22.26 at 6,932.05.
The 10-Year Treasury yield ended at 4.136%. Early Friday, the March Dow Jones
Futures are down 52 points. European markets are mixed/higher/lower with the
spot futures of London's FTSE 100 trading down 0.32%, spot futures of Germany's
DAX are trading up 0.12% and the spot futures of France's CAC 40 Index are down
0.01%. Asian markets are mixed/higher/lower with Japan's Nikkei 225 Index up
0.68% and China's Shanghai Composite Index up 0.1%.