DTN Early Word Grains 09/26 05:53

DTN Early Word Grains 09/26 05:53 Grain Markets Mixed, With Soybeans Firm on South American Weather December corn is down 1/4 cent per bushel, November soybeans are up 5 1/4 cents, December KC wheat is up 2 3/4 cents, December Chicago wheat is up 2 cents and December Minneapolis wheat is up 2 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is down 1/4 cent per bushel, November soybeans are up 5 1/4 cents, December KC wheat is up 2 3/4 cents, December Chicago wheat is up 2 cents and December Minneapolis wheat is up 2 3/4 cents. CME GLOBEX RECAP: World equity markets are higher Thursday morning, after markets took a breather from making new lifetime highs and set back slightly Wednesday. Traders are waiting for the next look at inflation indicators with the release of the PCE report on Friday. Thursday we get several new reports, including durable goods and a revision to GDP. Comments from members of the Federal Reserve have been mostly dovish this week, and expectations are rising for another 50-basis point cut. OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial Average down 293.47 at 41,914.75 and the S&P 500 down 10.67 at 5,722.26. The 10-Year Treasury yield ended at 3.781%. Early Thursday, the December Dow Jones Futures are up 200 points. European markets are higher with the spot futures of London's FTSE 100 trading up 0.21%, spot futures of Germany's DAX is trading up 0.99% and the spot futures of France's CAC 40 Index up 1.37%. Asian markets are higher with Japan's Nikkei 225 Index up 2.79% and China's Shanghai Composite Index up 3.61%.