DTN Early Word Grains 11/27 05:43

DTN Early Word Grains 11/27 05:43 Grain Markets Mixed With Weakness in Wheat Offsetting Strength in Soybeans March corn is steady, January soybeans are up 4 3/4 cents, March KC wheat is down 4 1/2 cents, March Chicago wheat is down 5 1/2 cents and March Minneapolis wheat is down 2 1/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is steady, January soybeans are up 4 3/4 cents, March KC wheat is down 4 1/2 cents, March Chicago wheat is down 5 1/2 cents and March Minneapolis wheat is down 2 1/4 cents. CME GLOBEX RECAP: World equity markets are mixed after the U.S. equity markets shrugged off the threat of new tariffs from the incoming administration, believing that these pronouncements are the beginnings of a negotiation instead of an iron clad promise. There are reports that the leaders of both Mexico and Canada are reaching out to incoming President Trump to begin a dialog. Later Wednesday morning we will get the new PCE data, which is the most important data of the week as it is the favored inflation indicator for the Federal Reserve. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average up 123.74 at 44,860.31 and the S&P 500 up 34.26 at 6,021.63. The 10-Year Treasury yield ended at 4.302%. Early Wednesday, the December Dow Jones Futures are down 47 points. European markets are mixed with the spot futures of London's FTSE 100 is steady, spot futures of Germany's DAX is trading down 0.67% and the spot futures of France's CAC 40 Index down 1.3%. Asian markets are mixed with Japan's Nikkei 225 Index down 0.8% and China's Shanghai Composite Index up 1.53%.