DTN Early Word Grains 01/10 05:53

DTN Early Word Grains 01/10 05:53 Grain Markets Mostly Higher Ahead of Major USDA Reports March corn is up 1 1/2 cents per bushel, March soybeans are up 6 cents, March KC wheat is up 1/2 cent, March Chicago wheat is down 1/2 cent and March Minneapolis wheat is steady. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is up 1 1/2 cents per bushel, March soybeans are up 6 cents, March KC wheat is up 1/2 cent, March Chicago wheat is down 1/2 cent and March Minneapolis wheat is steady. CME GLOBEX RECAP: World equity markets are mixed Friday morning, waiting for the reopening of U.S. stock markets that were closed on Thursday due to the official day of mourning for former President Carter. Treasury markets were closed on Thursday as well. U.S. and Asian futures are trading lower overnight with European markets mixed. Friday morning brings the U.S. employment report for December. Expectations are for non-farm payrolls to increase by 155,000 jobs, with the unemployment rate holding steady at 4.2%. Wages for the month are expected to be up 0.3%, with year-over-year wages up 4.0%. OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones Industrial Average up 106.84 at 42,635.20 and the S&P 500 up 9.22 at 5,918.25, The 10-Year Treasury yield ended at 4.693%. Early Friday, the March Dow Jones Futures are down 26 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.17%, spot futures of Germany's DAX is trading up 0.18% and the spot futures of France's CAC 40 Index up 0.26%. Asian markets are lower with Japan's Nikkei 225 Index down 1.05% and China's Shanghai Composite Index down 1.33%.