DTN Early Word Grains         10/27 05:48
   Soybeans Jump on U.S., China Preliminary Consensus Trade Deal

   December corn is up 5 3/4 cents per bushel, November soybeans are up 17 1/2
cents, December KC wheat is up 10 3/4 cents, December Chicago wheat is up 11
cents, and MIAX December Minneapolis wheat is up 0.0875 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 5 3/4 cents per
bushel, November soybeans are up 17 1/2 cents, December KC wheat is up 10 3/4
cents, December Chicago wheat is up 11 cents, and MIAX December Minneapolis
wheat is up 0.0875 cents.

   CME GLOBEX RECAP: The corn and soybean markets closed lower, while wheat
finished slightly higher on Friday. Corn, soybean, and HRW wheat basis were
steady, while spring wheat and SRW wheat basis were weaker on Friday. For corn,
demand is limiting losses. A lack of fresh export data due to the U.S.
government shutdown (now in its 27th day), combined with continued harvest
activity, puts pressure on upward movement. For soybeans, trade talks between
the U.S. and China are supportive, but traders remained cautious on Friday
until an agreement is reached. For wheat, demand and a lack of farmer-selling
supported Friday's trade.

   OUTSIDE MARKETS: The previous closes on Friday showed the Dow Jones
Industrial Average up 472.51 at 47,207.12 and the S&P 500 up 53.25 at 6,791.69.
The 10-Year Treasury yield ended at 3.997%. Early Monday, December Dow Jones
Futures are up 270 points. European markets are mixed, with the spot futures of
London's FTSE 100 trading down 0.01%, spot futures of Germany's DAX are trading
up 0.14% and the spot futures of France's CAC 40 Index are down 0.02%. Asian
markets are higher, with Japan's Nikkei 225 Index up 2.46% and China's Shanghai
Composite Index up 1.18%.