By combining the CRU method with a short-term (20-year) gauge-satellite merged global daily precipitation dataset (CMORPH) and a global long-term monthly precipitation dataset (GPCC) with far more gauges than used in CRU, a new 0.5 deg global N dataset from 1901-2010 is developed. Our product differs significantly from CRU N. Compared with three independent regional daily precipitation products over U.S., China, and South America based on much denser gauge networks than used in CRU, the new product shows a significant improvement over CRU N. Our N product can be combined with the GPCC monthly P to quantify precipitation variability and change from 1901-2010. They can also be combined with various reanalysis precipitation products to reconstruct the 20th century daily precipitation.