DTN Early Word Grains 11/15 05:56

DTN Early Word Grains 11/15 05:56 More of the Same for Grains Early Tuesday December corn was fractionally lower, January soybeans were 4 cents lower, and December Chicago wheat was 1 cent higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally lower, January soybeans were 4 cents lower, and December Chicago wheat was 1 cent higher. CME Globex Recap: Commodities in general were seeing a turnaround from Monday's sell-off, due in large part to the U.S. dollar index backing off from its new 14-year high posted Monday. Gains were seen in energies and precious metals, though copper cooled a bit overnight. On the other hand, another lower session for Malaysian palm oil had the Chicago bean complex on the defensive and spilling over into corn. Wheat was able to recover a small part of Monday's break. Soft markets were mixed with cotton trading higher. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 21.03 points (0.1%) higher at 18,868.69. The NASDAQ Composite lost 18.72 points (0.4%) to 5,218.40, and the S&P 500 dipped 0.25 points to close at 2,164.20 Monday. DJIA futures were 19 points higher Tuesday morning. Asian markets were mixed with Japan's Nikkei down 4.47 points, Hong Kong's Hang Seng Index rallied 101.69 points (0.5%), and China's Shanghai Composite slipped 3.39 points (0.1%). European markets were mostly higher Tuesday with London's FTSE 100 up 58.06 points (0.9%), Germany's DAX off 2.18 points, and France's CAC 40 gaining 15.33 points (0.3%). The U.S. dollar index was 0.227 lower at 99.883. Crude oil gained $1.11 to $44.43 while Brent crude added $1.02 to $45.45. December gold was $3.60 higher at $1,225.30. China's Dalian soybean futures market remained closed while Malaysian palm oil futures were lower again overnight.