DTN Early Word Grains         09/16 05:50
   Row-Crop Markets Eye Fed Rate Decision, U.S.-China Trade Meeting

   December corn is up 2 3/4 cents per bushel, November soybeans are up 11 3/4
cents, December KC wheat is up 5 3/4 cents, December Chicago wheat is up 5 3/4
cents, and MIAX December Minneapolis wheat is up 0.1025 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 2 3/4 cents per
bushel, November soybeans are up 11 3/4 cents, December KC wheat is up 5 3/4
cents, December Chicago wheat is up 5 3/4 cents, and MIAX December Minneapolis
wheat is up 0.1025 cents.

   CME GLOBEX RECAP: On Tuesday, December corn rose 2 1/2 cents, November
soybeans rose 14 1/2 cents, and December KC wheat rose 6 1/2 cents. Soybean and
soft red winter wheat basis was weaker Tuesday, while spring wheat basis was
steady and corn and hard red winter wheat basis was stronger. Overall, the farm
markets were mixed to higher but unable to capitalize on bullish momentum.
Soybean prices, up for a second straight session, led the way amid technical
buying following a sell-off last Friday. Corn was choppy, with harvest activity
ramping up in the South. Despite ceasefire efforts in the Black Sea, followed
by attacks, wheat prices continued to move higher. Energy prices also moved
higher on Tuesday, with diesel averaging $6.27 a gallon nationwide. The
Senate's Majority Leader is prepared to propose a diesel export ban, according
to media reports. On Wednesday, StatCan (Canada) will release its model-based
principal field crop estimates as of August 2026 at 7:30 a.m. CDT. The Energy
Information Administration will release its weekly Petroleum Status report at
9:30 a.m. CDT, including last week's ethanol production. Traders and investors
will tune in for the Federal Reserve's interest rate decision at 1 p.m. CDT,
which is largely expected to result in a quarter-point rate hike to the Fed's
target rate.

   OUTSIDE MARKETS: The previous close on Tuesday showed the Dow Jones
Industrial Average down 328.09 at 52,093.11 and the S&P 500 down 34.25 at
7,585.73. The 10-Year Treasury yield ended at 4.996%. Early Wednesday, the
September Dow Jones Futures are up 60 points. European markets are mixed, with
spot futures for London's FTSE 100 up 0.36%, spot futures for Germany's DAX
down 0.01%, and spot futures for France's CAC 40 Index up 0.22%. Asian markets
are higher, with Japan's Nikkei 225 Index up 0.69% and China's Shanghai
Composite Index up 0.71%.