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DTN Early Word Grains         03/18 05:49
   Corn, Wheat Higher Monday Morning on Russian Drone Strikes in Odessa

   May corn is up 1 1/4 cents per bushel, May soybeans are down 3 1/4 cents,
May KC wheat is up 5 1/4 cents, May Chicago wheat is up 7 1/4 cents and May
Minneapolis wheat is up 4 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: May corn is up 1 1/4 cents per bushel, May
soybeans are down 3 1/4 cents, May KC wheat is up 5 1/4 cents, May Chicago
wheat is up 7 1/4 cents and May Minneapolis wheat is up 4 cents.

   CME GLOBEX RECAP: World equity markets are quiet but mostly higher Monday
morning. Last week the U.S. market posted its second consecutive weekly lower
close, although the Dow was only down 7 points, and the S&P was only down 6
points. The Federal reserve will have a meeting this week, but traders are
universally anticipating that the Fed will leave rates unchanged. Chairman
Powell's comments at the post meeting press conference will likely be the
driver of any volatility associated with the meeting.

   Major economic reports this week include Housing Starts and Building Permits
on Tuesday, with Jobless claims, flash PMI's, U.S. leading economic indicators
and existing home sales on Thursday. The Federal reserve decision and press
conference is Wednesday. In Agriculture, we will get all the normal weekly
reports in addition to a cattle on feed report this Friday.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average down 190.89 at 38,714.77 and the S&P 500 down 33.39 at 5,117.09, The
10-Year Treasury yield ended at 4.30%. Early Monday, the June Dow Jones Futures
are down 23 points. European markets are higher with the spot futures of
London's FTSE 100 trading up 0.01%, spot futures of Germany's DAX is trading up
0.12% and the spot futures of France's CAC 40 Index up 0.12%. Asian markets are
higher with Japan's Nikkei 225 Index up 2.67% and China's Shanghai Composite
Index up 0.99%.
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