DTN Early Word Grains 12/06 05:54

DTN Early Word Grains 12/06 05:54 Grains Higher Again Wednesday Morning on Improving Demand, Short-Covering EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 cents per bushel, January soybeans are up 6 cents, March KC wheat is up 4 3/4 cents, March Chicago wheat is up 6 1/2 cents and March Minneapolis wheat is up 2 cents. By Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 cents per bushel, January soybeans are up 6 cents, March KC wheat is up 4 3/4 cents, March Chicago wheat is up 6 1/2 cents and March Minneapolis wheat is up 2 cents. CME GLOBEX RECAP: U.S. equity markets are lower again Wednesday morning after Tuesday's mixed session where only the NASDAQ was higher. The 10-year note moving down to under 4.2% helped the tech sector, but lower interest rates no longer seem to want to help the Dow or the S&P. Weaker economic data is now being seen more as a potential drag on earnings, and the big rally in November has put stock valuations at levels that might not be sustainable. Tuesday's Factory Orders report was worse than expected. Wednesday morning we get the ADP employment report which could be a precursor to Friday's labor report. We also get U.S. productivity and the U.S. trade deficit. OUTSIDE MARKETS: Previous close Tuesday showed the Dow Jones Industrial Average down 79.88 at 36,124.56 and the S&P 500 down 2.60 at 4,567.18. The 10-Year Treasury yield ended at 4.17%. Early Wednesday, December Dow Jones Futures are up 42 points. European markets are higher with the spot futures of London's FTSE 100 trading up 0.47%, spot futures of Germany's DAX are trading up 0.27% and the spot futures of France's CAC 40 Index up 0.34%. Asian markets are mixed with Japan's Nikkei 225 Index up 2.04% and China's Shanghai Composite Index down 0.11%.