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DTN Early Word Grains         05/29 08:01
   Grain Markets Mixed; Early Overnight Weakness Driven by USDA Progress Data

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

Kent Beadle, DTN Contributing Analyst

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

   CME GLOBEX RECAP: World equity markets are mostly lower despite the NASDAQ
closing into new record territory on strength from Nvidia whose shares were
sharply higher on Tuesday. The Dow and the S&P are lower Wednesday morning,
reacting to higher interest rates with the 10-year pushing back above 4.5%. The
"higher for longer" sentiment continues.

   OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial
Average down 216.73 at 38,852.86 and the S&P 500 up 1.32 at 5,306.04, The
10-Year Treasury yield ended at 4.54%. Early Wednesday, the June Dow Jones
Futures are down 230 points. European markets are lower with the spot futures
of London's FTSE 100 trading down 0.36%, spot futures of Germany's DAX is
trading down 0.65% and the spot futures of France's CAC 40 Index down 0.79%.
Asian markets are mixed with Japan's Nikkei 225 Index down 0.77% and China's
Shanghai Composite Index up 0.05%.
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