DTN Early Word Grains 11/18 05:56

DTN Early Word Grains 11/18 05:56 The Dollar, Like the Sun, Still Rises December corn was fractionally lower, January soybeans were 4 cents lower, and December Chicago wheat was 2 cents lower. 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 2 cents lower. CME Globex Recap: The U.S. dollar index moved to another new high overnight, putting pressure on the commodity sector in general, including grains. Soybeans led the way down, erasing Thursday's rally overnight, while lighter selling interest was seen in wheat and corn. Gold was also hit hard, nearing double-digit losses early Friday while DJIA futures were also under pressure. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 35.68 points (0.2%) lower at 18,903.82. The NASDAQ Composite gained 39.39 points (0.7) to 5,333.97, and the S&P 500 rallied 10.18 points (0.5%) to close at 2,187.12 Thursday. DJIA futures were 21 points lower Friday morning. Asian markets were mixed with Japan's Nikkei up 104.78 points (0.6%), Hong Kong's Hang Seng Index gained 81.33 points (0.4%), and China's Shanghai Composite lost 15.60 points (0.5%). European markets were mostly lower Friday with London's FTSE 100 down 36.85 points (0.6%), Germany's DAX off 21.02 points (0.2%), and France's CAC 40 losing 23.59 points (0.5%). The U.S. dollar index was 0.100 higher at 100.990, after posting a high of 101.370. Crude oil lost $0.17 to $45.25 while Brent crude dipped $0.11 to $46.38. December gold was $8.90 lower at $1,208.00. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.