DTN Early Word Grains 10/14 05:47

DTN Early Word Grains 10/14 05:47 Grain Markets Lower on Harvest Pressure, Rainfall Forecasts for Central Brazil December corn is down 2 1/4 cents per bushel, November soybeans are down 4 cents, December KC wheat is down 1 3/4 cents, December Chicago wheat is down 1 cent and December Minneapolis wheat is down 2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is down 2 1/4 cents per bushel, November soybeans are down 4 cents, December KC wheat is down 1 3/4 cents, December Chicago wheat is down 1 cent and December Minneapolis wheat is down 2 cents. CME GLOBEX RECAP: World equity markets are quietly mixed, with the exception of China, which is rallying as government officials have promised more details will be coming in regard to additional stimulus. Traders continue to watch U.S. economic data for clues as to the next move from the Federal Reserve Board. This week, we will have a light week for new economic data, with the federal government closed Monday due to Columbus Day/Indigenous Peoples' Day. The major reports that will be released include the import price data on Wednesday, initial jobless claims, retail sales, industrial production, and business inventories on Thursday, and housing starts on Friday. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 409.74 at 42,863.86 and the S&P 500 up 34.98 at 5,815.03. The 10-Year Treasury yield ended at 4.073%. Early Monday, the December Dow Jones Futures are down 32 points. European markets are mixed/higher/lower with the spot futures of London's FTSE 100 trading down 0.15%, spot futures of Germany's DAX is trading up 0.26% and the spot futures of France's CAC 40 Index down 0.42%. Asian markets are mixed/higher/lower with Japan's Nikkei 225 Index up 0.57% and China's Shanghai Composite Index up 2.07%.