DTN Early Word Grains 07/29 05:57

DTN Early Word Grains 07/29 05:57 Another Month Bites the Dust December corn was 2 cents lower, November soybeans were 8 cents lower, and September Chicago wheat was 4 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 2 cents lower, November soybeans were 8 cents lower, and September Chicago wheat was 4 cents lower. CME Globex Recap: Friday marks the end of the week and end of the trading month, sometimes a combination that leads to market weirdness. However, grains are acting fairly normal to start the day with the complex in general trading lower. Outside commodities were also lower despite a continued sharp sell-off by the U.S. dollar index. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 15.82 points lower at 18,456.35 the NASDAQ Composite gained 15.17 points to 5,154.98, and the S&P 500 rallied 3.48 points to close at 2,170.06 Thursday. DJIA futures were 24 points lower overnight. Asian markets were mostly lower though Japan's Nikkei gained 92.43 points (0.6%) after the Bank of Japan left its interest rates unchanged in negative territory. China's Shanghai Composite slipped 14.98 points (0.5%). European markets were mixed with London's FTSE 100 down 15.52 points (0.2%), Germany's DAX was 50.91 points (0.5%) higher, and France's CAC 40 gained 6.56 points (0.1%). The U.S. dollar index fell another 0.485 to 96.254. Crude oil lost $0.25 to $40.89 while Brent crude was $0.53 lower at $42.17. December gold was $0.80 lower at $1,340.40. China's Dalian soybean futures were lower while Malaysian palm oil futures were higher overnight.