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DTN Early Word Grains         02/07 06:26
   Grain Markets Mixed Friday With Corn, Soybeans Lower, Correcting Recent Gains

   March corn is down 2 1/4 cents per bushel, March soybeans are down 4 1/2
cents, March KC wheat is up 1/2 cent, March Chicago wheat is down 2 1/4 cents
and March Minneapolis wheat is steady.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: March corn is down 2 1/4 cents per bushel,
March soybeans are down 4 1/2 cents, March KC wheat is up 1/2 cent, March
Chicago wheat is down 2 1/4 cents and March Minneapolis wheat is steady.

   CME GLOBEX RECAP: World equity markets are mostly mixed and quiet Friday
morning, as traders await the U.S. jobs report that will be released at 7:30
a.m. CST. Expectations are for 169,000 new jobs, although the ADP employment
figure on Wednesday implied a larger number. The unemployment rate is expected
to remain steady at 4.1%. Thursday's data was a little negative for the
economy, with weekly jobless claims higher than trade expectations and
productivity a little lower. Slightly weaker data has been embraced by the
market as it raises the likelihood of more rate cuts from the Federal Reserve.

   OUTSIDE MARKETS: Previous close Thursday showed the Dow Jones Industrial
Average down 125.65 at 44,747.63 and the S&P 500 up 22.09 at 6,083.57, the
10-Year Treasury yield ended at 4.44%. Early Friday, the March Dow Jones
Futures are up 23 points. European markets are mixed with the spot futures of
London's FTSE 100 trading down 0.41%, spot futures of Germany's DAX trading up
0.06% and the spot futures of France's CAC 40 Index down 0.07%. Asian markets
are mixed with Japan's Nikkei 225 Index down 0.72% and China's Shanghai
Composite Index up 1.01%.
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