DTN Early Word Grains 11/28 05:58

DTN Early Word Grains 11/28 05:58 Cyber Monday Buyers Still Don't Like Electronic Wheat March corn was 1 cent lower, January soybeans were 8 cents higher, and March Chicago wheat was 3 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent lower, January soybeans were 8 cents higher, and March Chicago wheat was 3 cents lower. CME Globex Recap: Despite a lower U.S. dollar index early Monday morning, Cyber Monday that is, corn and wheat contracts were under pressure. Soybeans continued last week's rally overnight, led by soybean oil and Malaysian palm oil. Outside markets were mostly higher as gold posted a solid double-digit rally while crude oil was slightly lower. DJIA futures were also under pressure through early Monday. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 68.96 points (0.4%) higher at 19,152.14. The NASDAQ Composite gained 18.24 points (0.3%) to 5,398.92, and the S&P 500 added 8.63 points (0.4%) to close at 2,213.35 Friday. DJIA futures were 67 points lower Monday morning. Asian markets were mostly higher with Japan's Nikkei down 24.33 points (0.1%), Hong Kong's Hang Seng Index gained 107.12 points (0.5%), and China's Shanghai Composite added 15.06 points (0.5%). European markets were mostly lower Monday with London's FTSE 100 down 36.05 points (0.5%), Germany's DAX off 79.32 points (0.7%), and France's CAC 40 down 26.46 points (0.6%). The U.S. dollar index was 0.240 lower at 101.230. Crude oil dipped $0.09 to $45.97 while Brent crude slipped $0.07 to $47.17. December gold was $12.00 higher at $1,190.40. China's Dalian soybean and Malaysian palm oil futures were both higher overnight.