DTN Early Word Grains         02/17 05:53
   Row Crops Lower Following Long Weekend

   March corn is down 2 1/4 cents and March soybeans are down 1/2 cents. March
KC wheat is down 4 3/4 cents, March Chicago wheat is down 8 1/4 cents, and
March MIAX Minneapolis wheat is down 1 3/4 cents.

Rhett Montgomery
DTN Lead Analyst

   EARLY MORNING GLOBEX NET CHANGES: March corn is down 2 1/4 cents and March
soybeans are down 1/2 cents. March KC wheat is down 4 3/4 cents, March Chicago
wheat is down 8 1/4 cents, and March MIAX Minneapolis wheat is down 1 3/4 cents.

   CME GLOBEX RECAP: On Friday, March corn closed up 1/2 cent to $4.31 3/4,
March soybeans were down 4 1/4 cents to $11.33, and March KC wheat futures were
down 11 1/2 cents to $5.42 1/2. Following a theme of profit taking to close
last week, grain futures are again lower to begin the shortened week but have
also managed to bounce off overnight lows to some extent. Traders will continue
to be in tune to crop conditions around the globe while monitoring demand for
U.S. crops and looking ahead to the USDA Outlook Forum at the end of the week
which will give an early look into the government's ideas for the 2026-27
season. In outside markets, equities will look to recover from selling pressure
last week off record highs for the Dow Jones Industrial Average. Scheduled
reports for Tuesday look to be light, but USDA will be out with their annual
Chicken and Eggs inventory report later Tuesday afternoon at 2 p.m. CST, which
could offer some clues into feed demand from that sector.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 48.95 at 49,500.93 and the S&P 500 Index up 3.41 at 6,836.17. The
10-Year Treasury yield ended at 4.06%. Early Tuesday, March Dow Jones futures
are down 64 points. European markets are slightly higher with the spot futures
of the London FTSE 100 trading up 0.30%, spot futures of Germany's DAX trading
up 0.04% and spot futures of France's CAC Index trading up 0.01%. Asian markets
are lower with Japan's Nikkei 225 index down 0.42% and China's Shanghai
Composite Index down 1.26%.