DTN Early Word Grains         04/22 05:50
   Grain Markets Mixed Monday With Wheat Higher on Weather Concerns

   EARLY MORNING GLOBEX NET CHANGES: May corn is steady, May soybeans are down
2 cents, July KC wheat is up 5 1/4 cents, July Chicago wheat is up 6 cents and
July Minneapolis wheat is down 1/4 cent.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: May corn is steady, May soybeans are down
2 cents, July KC wheat is up 5 1/4 cents, July Chicago wheat is up 6 cents and
July Minneapolis wheat is down 1/4 cent.

   CME GLOBEX RECAP: World equity markets mostly higher Monday morning,
rebounding from a rough week that was driven by the escalating tensions between
Iran and Israel and interest rates that have moved above 4.6% for the 10-year
note and 5% for the 2-year. Monday morning's rebound is tied to the perception
that further escalation between Iran and Israel is unlikely, at least at this
time. Meanwhile, the Fed seems poised to hold interest rates higher for longer,
which was implicit in statements by Fed Chairman Powell last week.

   This week's data includes new home sales Tuesday, durable goods Wednesday,
1st quarter GDP Thursday, and the very important PCE inflation measure Friday.

   OUTSIDE MARKETS: Previous close Friday showed the Dow Jones Industrial
Average up 211.02 at 37,986.40 and the S&P 500 down 43.89 at 4,967.23, The
10-Year Treasury yield ended at 4.62%. Early Monday, the June Dow Jones Futures
are up 197 points. European markets are higher with the spot futures of
London's FTSE 100 trading up 1.45%, spot futures of Germany's DAX are trading
up 0.66% and the spot futures of France's CAC 40 Index are up 0.5%. Asian
markets are mixed with Japan's Nikkei 225 Index up 1% and China's Shanghai
Composite Index down 0.67%.