DTN Early Word Grains 02/12 05:59

DTN Early Word Grains 02/12 05:59 Grains Mostly Higher, Helped By Oils March corn was 1/4 cent lower, March soybeans were 1 cent higher, and March Chicago wheat was 1 1/4 cents higher. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: March corn was 1/4 cent lower, March soybeans were 1 cent higher, and March Chicago wheat was 1 1/4 cents higher. CME Globex Recap: Grains were steady to higher early Friday with a calmer outside market environment than what was seen on Thursday night. Palm oil and soybean oil prices continue to trade higher on signs of increased demand. March crude oil is up over 5%, finding ability to bounce near its January low. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 254.56 points lower at 15,660.18, the NASDAQ Composite was down 16.75 points at 4,266.84, and the S&P 500 fell 22.78 to close at 1,829.08 Wednesday. DJIA futures were 160 points higher overnight. The Nikkei 225 index was down 4.8%. European markets were higher with London's FTSE 100 up 68 points (1.2%). The U.S. dollar index was 0.16 higher at 95.72. Crude oil was up $1.15 at $27.36 while Brent crude was up $1.32 to $31.37. April gold was $4.40 lower at $1,243.30. Malaysian palm oil futures were up 1.7%.