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DTN Early Word Grains         07/21 06:00
   Grains Can't Break Bearish Slide

   Corn is lower at 6 a.m. (CT); soybeans are lower; wheat is lower.

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   September corn 6 cents lower, November soybeans 14
cents lower, and September Chicago wheat 6 cents lower.

CME Globex Recap:   Sellers showed up early in grains, pushing soybeans to
double-digit losses shortly after the open of the CME Globex overnight session.
Early Monday morning saw bean contracts down 14 cents, near session lows, while
corn and wheat were both off about 6 cents, also near session lows. Outside
markets were mixed.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 123.37 points higher
Friday at 17,100.18. Dow Jones Industrial Average futures were 30 points lower
overnight, indicating the Dow could see selling interest early Monday. Asian
markets were mixed while European markets were mostly lower. The overnight
crude oil market was $0.02 lower at $103.11 while Brent crude was $0.17 lower
at $107.07. The August gold contract was $6.10 higher at $1,315.50 while the
U.S. dollar index was 0.021 higher at 80.545. Soybeans at the Dalian Exchange
were mixed while Malaysian palm oil contracts were lower.
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