DTN Early Word Grains 12/05 05:48

DTN Early Word Grains 12/05 05:48 Grain Markets Mixed With Technical Support in Wheat, Expectations for Strong Soybean Export Sales March corn is steady, January soybeans are up 4 1/2 cents, March KC wheat is up 4 3/4 cents, March Chicago wheat is up 4 1/2 cents and March Minneapolis wheat is up 6 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is steady, January soybeans are up 4 1/2 cents, March KC wheat is up 4 3/4 cents, March Chicago wheat is up 4 1/2 cents and March Minneapolis wheat is up 6 1/2 cents. CME GLOBEX RECAP: World equity markets are mixed but mostly higher on Thursday morning after a strong U.S. session on Wednesday as Chairman Powell in his last public comments ahead of the "quiet period" before the next Fed meeting did not say anything that bothered equity traders. Expectations are still for a quarter-point cut at the next meeting. Thursday we will get the weekly jobless claims and the U.S. trade deficit numbers, but the big report comes Friday with the employment data at 7:30 a.m. A reading that is "too hot" could still change the rate cut timing by the Fed. OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial Average up 308.51 at 45,014.04 and the S&P 500 up 36.61 at 6,086.49. The 10-Year Treasury yield ended at 4.18%. Early Thursday, the December Dow Jones Futures are down 6 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.1%, spot futures of Germany's DAX is trading up 0.43% and the spot futures of France's CAC 40 Index up 0.18%. Asian markets are higher with Japan's Nikkei 225 Index up 0.3% and China's Shanghai Composite Index up 0.13%.