DTN Early Word Grains         02/15 05:59
   Mostly Higher Grains Following Valentine's Day Flush

   March corn is up 1 cent per bushel, March soybeans are up 3 cents, and March
K.C. wheat is up 3/4 cents.

By Tregg Cronin
DTN Contributing Analyst

6:00 a.m. CME Globex:   March corn is up 1 cent per bushel, March soybeans are
up 3 cents, and March K.C. wheat is up 3/4 cents.

CME Globex Recap:   Equities are mixed around the globe as investors anxiously
await news from the latest round of U.S.-China trade talks. Weak economic data
out of China overnight has raised the stakes further. On the home front,
markets were encouraged there won't be another government shutdown, but
President Trump using an executive order and state of emergency to build his
border wall will keep the gridlock alive and well the rest of 2019. Grains are
bouncing back slightly today following Thursday's washout. When cancellations
by China were found on the export sales report, one could physically feel the
air being let out of the balloon.

OUTSIDE MARKETS:   Previous closes on Thursday showed the Dow Jones Industrial
Average down 103.88 at 25,439.39 and the S&P 500 down 7.30 at 2,753.03 while
the 10-Year Treasury yield ended at 2.657%. Early Friday, the March DJIA
futures are down 36 points. Asian markets are lower with Japan's Nikkei 225
down 239.08 (-1.13%) and China's Shanghai Composite down 37.31 points (-1.37%).
European markets are higher with London's FTSE 100 up 19.99 points (0.28%),
Germany's DAX up 6.36 points (0.06%) and France's CAC 40 up 38.19 points
(0.75%). The March Euro is down 0.002 at 1.130 and the March U.S. dollar index
is up 0.080 at 96.885. The March 30-Year T-Bond is up 9/32nds, while April gold
is up $6.20 at $1,320.10 and March crude oil is up $0.05 at $54.46. Soybeans on
China's Dalian Exchange were down -0.95% while soybean meal was down -0.92%.