DTN Early Word Grains 11/08 05:57

DTN Early Word Grains 11/08 05:57 Grain Markets Mixed Ahead of USDA November Supply, Demand Report December corn is up 1/4 cent per bushel, January soybeans are down 5 1/4 cents, December KC wheat is down 4 1/2 cents, December Chicago wheat is down 2 1/4 cents and December Minneapolis wheat is down 5 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 1/4 cent per bushel, January soybeans are down 5 1/4 cents, December KC wheat is down 4 1/2 cents, December Chicago wheat is down 2 1/4 cents and December Minneapolis wheat is down 5 cents. CME GLOBEX RECAP: World equity markets are mostly lower after the strong rally that occurred after the U.S. election. There was some volatility Thursday around the announcement of the 1/4-point rate cut by the Fed. Stocks were lower after the announcement was made, but Chairman Jerome Powell was mostly dovish in his comments about future rate cuts, and the market recovered to close slightly higher. OUTSIDE MARKETS: Previous close Thursday showed the Dow Jones Industrial Average down 0.59 at 43,729.34 and the S&P 500 up 44.06 at 5,973.10, The 10-Year Treasury yield ended at 4.341%. Early Friday, the December Dow Jones Futures are down 10 points. European markets are lower with the spot futures of London's FTSE 100 trading down 1.02%, spot futures of Germany's DAX is trading down 1.01% and the spot futures of France's CAC 40 Index down 0.99%. Asian markets are mixed with Japan's Nikkei 225 Index up 0.3% and China's Shanghai Composite Index down 0.53%.