DTN Early Word Grains 10/31 05:48

DTN Early Word Grains 10/31 05:48 Grain Markets Mixed With Soybeans Higher While Wheat, Corn are Lagging December corn is steady, January soybeans are up 5 3/4 cents, December KC wheat is down 2 cents, December Chicago wheat is down 1 cent and December Minneapolis wheat is down 1 1/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is steady, January soybeans are up 5 3/4 cents, December KC wheat is down 2 cents, December Chicago wheat is down 1 cent and December Minneapolis wheat is down 1 1/4 cents. CME GLOBEX RECAP: World equity markets are lower as uncertainly regarding the outcome of next Tuesday's election and mixed economic data have equity traders taking some profits. Wednesday's economic data was mixed, with the first estimate of 3rd quarter GDP running at 2.8%, a little disappointing and down from trade expectations at 3.1%. However, the ADP employment estimate was 233,000 jobs, a much stronger number than anticipated while pending home sales were up 7.4%, also well above expectations. On Thursday morning, we will get personal income, personal spending, PCE data, initial jobless claims, the U.S. employment cost index, and the Chicago PMI. It is a big day for data. OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial Average down 91.51 at 42,141.54 and the S&P 500 down 19.25 at 5,813.67. The 10-Year Treasury yield ended at 4.266%. Early Thursday, the December Dow Jones Futures are down 193 points. European markets are lower with the spot futures of London's FTSE 100 trading down 0.8%, spot futures of Germany's DAX is trading down 0.59% and the spot futures of France's CAC 40 Index down 0.93%. Asian markets are mixed with Japan's Nikkei 225 Index down 0.5% and China's Shanghai Composite Index up 0.42%.