DTN Early Word Grains 08/14 05:50

DTN Early Word Grains 08/14 05:50 Grain Markets Mixed, Soybeans Trying to Rebound From New Contract Lows December corn is down 1/2 cent per bushel, November soybeans are up 4 1/2 cents, September KC wheat is down 2 1/2 cents, September Chicago wheat is down 2 3/4 cents and September Minneapolis wheat is down 1 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is down 1/2 cent per bushel, November soybeans are up 4 1/2 cents, September KC wheat is down 2 1/2 cents, September Chicago wheat is down 2 3/4 cents and September Minneapolis wheat is down 1 1/2 cents. CME GLOBEX RECAP: World equity markets are mixed Wednesday morning after a strong U.S. session on Tuesday. The PPI numbers were a little softer than trade expectations, and that continued to support the narrative that the Fed could cut rates by as much as 50 basis points during their meeting in September. The two-day meltdown in stocks is now in the rear-view mirror as the marketplace has recovered most of those losses. Wednesday we will get the CPI numbers, and traders will be sensitive to see if this new data continues to support the narrative. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average up 408.63 at 39,765.64 and the S&P 500 up 90.04 at 5,434.43. The 10-Year Treasury yield ended at 3.85%. Early Wednesday, the September Dow Jones Futures are down 16 points. European markets are higher with the spot futures of London's FTSE 100 trading up 0.35%, spot futures of Germany's DAX is trading up 0.34% and the spot futures of France's CAC 40 Index up 0.36%. Asian markets are mixed with Japan's Nikkei 225 Index up 0.58% and China's Shanghai Composite Index down 0.6%.