DTN Early Word Grains 11/04 05:45

DTN Early Word Grains 11/04 05:45 Grain Markets Higher on a Weaker Dollar, Election Positioning December corn is up 3 3/4 cents per bushel, January soybeans are up 13 1/4 cents, December KC wheat is up 3 cents, December Chicago wheat is up 4 cents and December Minneapolis wheat is up 3 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 3 3/4 cents per bushel, January soybeans are up 13 1/4 cents, December KC wheat is up 3 cents, December Chicago wheat is up 4 cents and December Minneapolis wheat is up 3 1/2 cents. CME GLOBEX RECAP: World equity markets mixed but mostly higher to begin the new week, with the U.S. election on Tuesday coming into focus. Most polling has the race a dead heat, but a weekend poll in Iowa that had Harris stronger than anticipated had some traders reversing the "Trump trade" on Monday morning. That included shedding long dollar positions which helped support commodity prices. On Friday, the jobs report was poor with a gain of only 12,000 jobs in the month of October. Most analysts blamed the report on the impact of Hurricane Helene and equity markets close the week strongly on ideas that the weaker jobs will ensure a rate cut at this week's Federal Reserve meeting on Thursday. New data that will be released this week include factory orders on Monday, the U.S. trade deficit and the ISM services index on Tuesday, the S&P Services PMI on Wednesday, initial Jobless claims, U.S. productivity, and wholesale inventories on Thursday. In agriculture, in addition to all the regular weekly data we will get the WASDE November Supply and Demand report on Friday morning at 11 AM. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 288.73 at 42,052.19 and the S&P 500 up 23.35 at 5,728.80. The 10-Year Treasury yield ended at 4.361%. Early Monday, the December Dow Jones Futures are up 32 points. European markets are higher with the spot futures of London's FTSE 100 trading up 0.7%, spot futures of Germany's DAX is trading up 0.06% and the spot futures of France's CAC 40 Index up 0.3%. Asian markets are mixed with Japan's Nikkei 225 Index down 2.63% and China's Shanghai Composite Index up 1.17%.