DTN Early Word Grains 11/04 06:01

DTN Early Word Grains 11/04 06:01 Friday Morning Nervousness December corn was 1 cent lower, January soybeans were 4 cents lower, and December Chicago wheat was unchanged. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 1 cent lower, January soybeans were 4 cents lower, and December Chicago wheat was unchanged. CME Globex Recap: Commodities in general, including grains and oilseeds, were lower overnight in nervous trade. First up is Friday's release of October nonfarm payroll and unemployment rates, then next Tuesday's U.S. presidential election, and finally next Wednesday's round of USDA reports. Most markets, excluding wheat and natural gas, are showing sizeable noncommercial net-long futures positions heading into Friday's session. Meanwhile, the U.S. dollar index has stabilized as global equities and DJIA futures trade lower. Gold is showing a small gain. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 28.97 points (0.2%) lower at 17,930.67, the NASDAQ Composite lost 47.16 points (0.9%) to 5,058.41, and the S&P 500 dipped 9.28 points (0.4%) to close at 2,088.66 Thursday. DJIA futures were 20 points lower overnight. Asian markets were lower with Japan's Nikkei down 229.32 points (1.3%), Hong Kong's Hang Seng Index off 40.89 points (0.2%), and China's Shanghai Composite losing 3.62 points (0.1%). European markets were also lower Friday with London's FTSE 100 down 84.79 points (1.3%), Germany's DAX off 104.15 points (1.0%), and France's CAC 40 losing 37.43 points (0.9%). The U.S. dollar index was 0.020 higher at 97.177 Crude oil slipped $0.11 to $44.55 while Brent crude dipped $0.22 to $46.13. December gold was $0.20 higher at $1,303.50. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.