DTN Early Word Grains 01/22 05:57
22 Jan 2016
DTN Early Word Grains 01/22 05:57 A World Gone Green March corn was 1 cent higher, March soybeans were 4 cents higher, and March Chicago wheat was 1 cent higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent higher, March soybeans were 4 cents higher, and March Chicago wheat was 1 cent higher. CME Globex Recap: Global markets were all green, or higher, early Friday as an extremely volatile week nears its end. DJIA futures were almost 200 points higher, pointing at a solid open in the Dow later Friday morning, and possibly the first higher weekly close of 2016. Crude oil continued to storm back after touching new lows this week, supported by the expiration of the February contract. A stronger U.S. dollar index did not keep grains from rallying, though gains were small compared to other sectors. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 115.94 higher at 15,882.68, the NASDAQ Composite was up 0.37 point at 4,472.06, and the S&P 500 gained 9.66 points to close at 1,868.99 Thursday. DJIA futures were 203 points higher overnight. Asian markets were higher with the Nikkei up 941.27 points (5.9%) and China's Shanghai Composite gaining 36.08 points (1.3%). European markets were also higher with the FTSE 100 up 126.27 points (2.1%). The U.S. dollar index was 0.176 higher at 99.232. Crude oil was up $1.65 at $31.18 while Brent crude rallied $1.98 to $31.23. February gold was $0.20 higher at $1,098.40. Dalian soybean futures and Malaysian palm oil futures were both higher.