DTN Early Word Grains         05/05 05:47
   Grain Markets Lower on Open Window for Corn Planting, Rain for Winter Wheat
Areas

   July corn is down 3 1/4 cents per bushel, July soybeans are down 7 3/4
cents, July KC wheat is down 4 cents, July Chicago wheat is down 2 1/2 cents
and July Minneapolis wheat is up 3 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is down 3 1/4 cents per bushel,
July soybeans are down 7 3/4 cents, July KC wheat is down 4 cents, July Chicago
wheat is down 2 1/2 cents and July Minneapolis wheat is up 3 cents.

   CME GLOBEX RECAP: World equity markets are mixed, with U.S. markets lower,
but some world markets higher, catching up to a strong weekly close in the U.S.
markets on Friday. Many world markets are closed Monday due to a holiday.
Friday's strength stemmed from a better-than-expected U.S. jobs report, with
177,000 new jobs reported in the month of April. The unemployment rate remained
unchanged at 4.2%. This week, we will get the ISM services index on Monday, the
U.S. trade deficit on Tuesday, consumer credit on Wednesday, jobless claims,
productivity, and wholesale inventories on Thursday, and several Fed members
speaking on Friday. Additionally, the Federal Reserve meets this week, and
Chairman Powell's press conference will be Wednesday afternoon. Traders are
expecting the fed to leave rates steady at this meeting.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 564.47 at 41,317.43 and the S&P 500 up 82.53 at 5,686.67. The
10-Year Treasury yield ended at 4.322%. Early Monday, the June Dow Jones
Futures are down 263 points. European markets are mixed with the spot futures
of London's FTSE 100 is steady, spot futures of Germany's DAX are trading up
0.54% and the spot futures of France's CAC 40 Index down 0.2%. Asian markets
are unchanged with Japan's Nikkei 225 and China's Shanghai Composite Index both
closed for a holiday.