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DTN Early Word Grains         03/04 05:37
   Soybean Meal Prices Give Early Monday Boost to Soybeans

   May corn was up 2 cents, May soybeans were up 7 cents and May KC wheat was
down 1 1/4 cents.

Todd Hultman
DTN Lead Analyst

   EARLY MORNING GLOBEX NET CHANGES: May corn was up 2 cents, May soybeans were
up 7 cents and May KC wheat was down 1 1/4 cents.

   CME GLOBEX RECAP: Early Monday, Dow Jones futures are starting the week
lower with mixed trade in Europe after OPEC announced it would extend its
production cuts through the end of June, while Russia would cut over 1.2
million barrels per day of oil production through the end of June. USDA's
weekly report of export inspections will be out at 10 a.m. CST Monday.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 90.99 at 39,087.38 and the S&P 500 Index up 40.81 at 5,137.08. The
10-Year Treasury yield ended at 4.18%. Early Monday, March Dow Jones futures
are down 84 points. European markets are quietly mixed with the spot futures of
the London FTSE 100 trading down 0.37%, spot futures of Germany's DAX trading
up 0.06% and spot futures of France's CAC Index trading up 0.03%. Asian markets
are higher with Japan's Nikkei 225 index up 0.50% and China's Shanghai
Composite Index up 0.41%.
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