DTN Early Word Grains 10/13 05:58
13 Oct 2015
DTN Early Word Grains 10/13 05:58 Tuesday is the New Monday December corn was fractionally lower, November soybeans were 4 cents higher, and December Chicago wheat was unchanged. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally lower, November soybeans were 4 cents higher, and December Chicago wheat was unchanged. CME Globex Recap: The overnight trade in grains was similar to what was seen Sunday into Monday, though volume was considerably lighter in corn and wheat. Corn was still holding near unchanged early Tuesday, while wheat was about 1 cent higher. The soybean complex showed the most strength with all three markets trading higher. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 47.37 points higher Monday at 17,131.86. The NASDAQ Composite was up 8.17 points at 4,838.64. DJIA futures were 81 point lower overnight. Asian markets were mostly lower with the Nikkei down 203.93 points at 18,234.74 while China's Shanghai Composite was up 5.57 points. European markets were also mostly lower. The U.S. dollar index was down 0.051 at 94.790. Crude oil was $0.20 lower at $46.90 while Brent crude was $0.13 lower at $49.73. December gold was $10.00 lower at $1,154.50. Dalian soybean futures and Malaysian palm oil futures were both higher.