DTN Early Word Grains 12/01 05:56

DTN Early Word Grains 12/01 05:56 Grains Start December in the Green March corn was 2 cents higher, January soybeans were 4 cents higher, and March Chicago wheat was 3 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 2 cents higher, January soybeans were 4 cents higher, and March Chicago wheat was 3 cents higher. CME Globex Recap: Grain contracts were higher early Tuesday, eschewing the traditional Turnaround tendency following Monday's rally. Support came from a lower U.S. dollar index, though the greenback remains within striking distance of its long-term high, and reaction to Monday's long-delayed EPA announcement on RFS. Outside markets were also higher, though gains were small in both gold and crude oil. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 78.57 points lower Monday at 17,719.92. The NASDAQ Composite was down 18.85 points at 5,108.67. DJIA futures were 84 points higher overnight. Asian markets were higher with the Nikkei up 264.93 points at 20,012.40 and China's Shanghai Composite up 10.90 points. European markets were mostly higher. The U.S. dollar index was down 0.170 at 100.000. Crude oil was $0.24 higher at $41.89 while Brent crude was $0.25 higher at $44.87. February gold was $2.80 higher at $1,058.10. Dalian soybean futures were higher while Malaysian palm oil futures were lower.