DTN Early Word Grains 12/09 05:46

DTN Early Word Grains 12/09 05:46 Grain Markets Mixed but Mostly Higher on Strong Demand for U.S. Grains. March corn is down 1/4 cent per bushel, January soybeans are up 1/4 cent, March KC wheat is up 3 1/2 cents, March Chicago wheat is up 4 1/4 cents and March Minneapolis wheat is up 5 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is down 1/4 cent per bushel, January soybeans are up 1/4 cent, March KC wheat is up 3 1/2 cents, March Chicago wheat is up 4 1/4 cents and March Minneapolis wheat is up 5 cents. CME GLOBEX RECAP: World equity markets are mixed, with the highlight Monday morning being the Chinese market which surged after the Chinese politburo announced several stimulus measures to support housing prices and the Chinese stock market. The U.S. market is quietly lower to begin the week, after a strong week in U.S. equities where all three indexes made record highs at various points during the week. Friday's jobs report was stronger than anticipated but not enough to keep traders from believing that a rate cut will come from the Fed at their meeting next week. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average down 123.19 at 44,642.52 and the S&P 500 up 15.16 at 6,090.27. The 10-Year Treasury yield ended at 4.151%. Early Monday, the December Dow Jones Futures are down 5 points. European markets are mixed with the spot futures of London's FTSE 100 trading up 0.33%, spot futures of Germany's DAX is trading down 0.18% and the spot futures of France's CAC 40 Index up 0.42%. Asian markets are higher with Japan's Nikkei 225 Index up 0.18% and China's Shanghai Composite Index up 3%.