DTN Early Word Grains 12/10 05:47

DTN Early Word Grains 12/10 05:47 Grain Markets Mixed, Trading Quietly Ahead of USDA Supply/Demand Report March corn is down 1/4 cent per bushel, January soybeans are up 2 3/4 cents, March KC wheat is down 3 cents, March Chicago wheat is down 2 1/4 cents and March Minneapolis wheat is down 2 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is down 1/4 cent per bushel, January soybeans are up 2 3/4 cents, March KC wheat is down 3 cents, March Chicago wheat is down 2 1/4 cents and March Minneapolis wheat is down 2 1/2 cents. CME GLOBEX RECAP: World equity markets are mostly lower after a lower session in the U.S. where recent gains were consolidated as traders weigh recent data against the impact of future policy from the new administration. The only major data point on Monday was the wholesale inventories which were in line with trade estimates. The important reports this week will be on Wednesday when the CPI data and the monthly Federal budget estimates will be released. The CPI and PPI on Thursday will be the last important inflation data points before the next Federal reserve meeting that will be held next week. OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial Average down 240.59 at 44,401.93 and the S&P 500 down 37.42 at 6,052.85. The 10-Year Treasury yield ended at 4.199%. Early Tuesday, the December Dow Jones Futures are up 6 points. European markets are lower with the spot futures of London's FTSE 100 trading down 0.63%, spot futures of Germany's DAX is trading down 0.06% and the spot futures of France's CAC 40 Index down 0.59%. Asian markets are higher with Japan's Nikkei 225 Index up 0.53% and China's Shanghai Composite Index up 0.59%.