DTN Early Word Grains 11/08 05:52

DTN Early Word Grains 11/08 05:52 Grain Markets Higher Wednesday on Continued South American Weather Worries December corn is up 4 cents per bushel, January soybeans are up 15 1/4 cents, December KC wheat is up 8 1/2 cents, December Chicago wheat is up 8 1/4 cents and December Minneapolis wheat is up 6 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 4 cents per bushel, January soybeans are up 15 1/4 cents, December KC wheat is up 8 1/2 cents, December Chicago wheat is up 8 1/4 cents and December Minneapolis wheat is up 6 3/4 cents. CME GLOBEX RECAP: World equity markets are mixed Wednesday morning, pausing after U.S. markets managed another small rally in Tuesday's session. U.S. markets have rallied for seven straight days, one of the longer streaks in recent history. Tuesday's strength came primarily from a pullback in interest rates, with the 10-year note moving back down to 4.57%. All eyes are going to be on Fed Chairman Powell who will be speaking Wednesday morning. We also have a Wholesale Inventory report to digest Wednesday. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average up 56.74 at 34,152.60 and the S&P 500 up 12.40 at 4,378.38, The 10-Year Treasury yield ended at 4.57%. Early Wednesday, the December Dow Jones Futures are up 27 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.06%, spot futures of Germany's DAX is trading down 0.12% and the spot futures of France's CAC 40 Index up 0.04%. Asian markets are lower with Japan's Nikkei 225 Index down 0.33% and China's Shanghai Composite Index down 0.16%.