DTN Early Word Grains         08/30 05:50
   Corn and soybeans are higher on strong demand, technical buying.   EARLY
MORNING GLOBEX NET CHANGES: December corn is up 1 1/2 cents per bushel,
November soybeans are up 8 1/4 cents, December KC wheat is down 3 cents,
December Chicago wheat is down 1 1/4

   December corn is up 1 1/2 cents per bushel, November soybeans are up 8 1/4
cents, December KC wheat is down 3 cents, December Chicago wheat is down 1 1/4
cents and December Minneapolis wheat is down 1 cent.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 1 1/2 cents per
bushel, November soybeans are up 8 1/4 cents, December KC wheat is down 3
cents, December Chicago wheat is down 1 1/4 cents and December Minneapolis
wheat is down 1 cent.

   CME GLOBEX RECAP: World equity markets are higher as traders anticipate PCE
data Friday morning that will confirm the likelihood of a Fed rate cut in
September. Thursday's data was in line with trader expectations, except for
pending home sales which were down 5.5%. The revision to 2nd quarter GDP was
0.2% higher than expected with the new estimate at 3.0%.

   OUTSIDE MARKETS: Previous close Thursday showed the Dow Jones Industrial
Average up 243.63 at 41,335.05 and the S&P 500 down 0.22 at 5,591.96, The
10-Year Treasury yield ended at 3.867%. Early Friday, the September Dow Jones
Futures are up 66 points. European markets are higher with the spot futures of
London's FTSE 100 trading up 0.33%, spot futures of Germany's DAX is trading up
0.18% and the spot futures of France's CAC 40 Index up 0.46%. Asian markets are
higher with Japan's Nikkei 225 Index up 0.74% and China's Shanghai Composite
Index up 0.68%.