DTN Early Word Grains 10/02 05:55

DTN Early Word Grains 10/02 05:55 Grains Lower Early Friday December corn was 2 cents lower, November soybeans were 3 cents lower, and December Chicago wheat was 3 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 2 cents lower, November soybeans were 3 cents lower, and December Chicago wheat was 3 cents lower. CME Globex Recap: Grains were lower early Friday morning, led by continued selling in soybeans. Corn posted a quiet session overnight with most contracts moving in narrow 2-cent trading ranges. Wheat contracts were lower, with pressure likely tied to the stronger U.S. dollar index. Energies and metals were both mixed while DJIA futures were higher ahead of the September nonfarm payroll and unemployment rate figures. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 12.69 points lower Thursday at 16,272.01. The NASDAQ Composite was up 6.92 points at 4,627.08. DJIA futures were 60 points higher overnight. Asian markets were mixed with the Nikkei up 2.71 points at 17,725.13. European markets were mostly higher. The U.S. dollar index was up 0.121 at 96.306. Crude oil was $0.51 higher at $45.25 while Brent crude was $0.15 higher at $47.84. December gold was $8.70 lower at $1,105.00. Malaysian palm oil futures were mostly lower.