DTN Early Word Grains 09/06 05:44

DTN Early Word Grains 09/06 05:44 Grain Markets Mixed in Quiet Trade With Higher Weekly Closes currently Projected December corn is up 3/4 cent per bushel, November soybeans are down 2 cents, December KC wheat is down 1 cent, December Chicago wheat is down 1/2 cent and December Minneapolis wheat is down 3/4 cent. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 3/4 cent per bushel, November soybeans are down 2 cents, December KC wheat is down 1 cent, December Chicago wheat is down 1/2 cent and December Minneapolis wheat is down 3/4 cent. CME GLOBEX RECAP: World equity markets are lower on Friday morning, as traders continue to worry about weak economic data and potential recession. News that the longshoremen's union has authorized a strike which could impact U.S. exports of many types of goods is partially responsible for weakness Friday morning. Traders are also awaiting Friday morning's U.S. employment report which is expected to show an increase of 161,000 jobs. A lower number might indicate a slowing economy that could hurt stocks, but also could impact the size of the rate cut in September. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average down 219.22 at 40,755.75 and the S&P 500 down 16.66 at 5,503.41. The 10-Year Treasury yield ended at 3.731%. Early Friday, the September Dow Jones Futures are down 116 points. European markets are lower with the spot futures of London's FTSE 100 trading down 0.56%, spot futures of Germany's DAX is trading down 0.6% and the spot futures of France's CAC 40 Index down 0.24%. Asian markets are lower with Japan's Nikkei 225 Index down 0.72% and China's Shanghai Composite Index down 0.81%.