DTN Early Word Grains         10/30 06:45
   Row-Crop Markets Appear Unimpressed with U.S.-China Trade Truce

   December corn is down 5 cents per bushel, January soybeans are down 19
cents, December KC wheat is down 10 1/2 cents, December Chicago wheat is down 9
cents, and MIAX December Minneapolis wheat is down 0.0300 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 5 cents per bushel,
January soybeans are down 19 cents, December KC wheat is down 10 1/2 cents,
December Chicago wheat is down 9 cents, and MIAX December Minneapolis wheat is
down 0.0300 cents.

   CME GLOBEX RECAP: Corn and wheat closed 2 cents higher on Wednesday, while
soybeans settled slightly lower. Soybean and spring wheat basis were stronger,
while corn, SRW wheat, and HRW wheat basis were steady on Wednesday. Overall,
the farm markets traded with little direction. Traders kept their positions
close to their vests, anticipating the trade meeting between President Trump
and Chinese President Xi Jinping in South Korea. For soybeans, news that China
bought three cargoes of U.S. soybeans this week was digested by the market.
However, the soybean market faced overbought technical pressure. Corn traders
still see demand driving prices, with strong export inspections and weekly
ethanol production. The wheat market is leaning on recent trade deals with
Asian countries and the potential for increased exports.

   OUTSIDE MARKETS: The previous closes on Wednesday showed the Dow Jones
Industrial Average down 74.37 at 47,632.0 and the S&P 500 down 0.30 at
6,890.59. The 10-Year Treasury yield ended at 4.058%. Early Thursday, the
December Dow Jones Futures are down 159 points. European markets are lower,
with the spot futures of London's FTSE 100 trading down 0.58%, spot futures of
Germany's DAX are trading down 0.08% and the spot futures of France's CAC 40
Index are down 0.52%. Asian markets are mixed, with Japan's Nikkei 225 Index up
0.04% and China's Shanghai Composite Index down 0.73%.