DTN Early Word Grains 12/07 05:56

DTN Early Word Grains 12/07 05:56 Grains Quietly Lower On Day of Infamy March corn was down 2 cents, January soybeans were down 1 cent, and March Chicago wheat was down 3 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: March corn was down 2 cents, January soybeans were down 1 cent, and March Chicago wheat was down 3 cents. CME Globex Recap: December 7 is remembered for the sneak attack of 1941, but so far, all is quiet on the grain front. Not much news is expected Wednesday, but we will get an update on ethanol inventories and see if USDA has more export news at 8 a.m. CST. OUTSIDE MARKETS: The Dow Jones Industrial Average closed up 35.54 points at 19,251.78 on Tuesday. The NASDAQ Composite was up 24.11 points to 5,333.00, and the S&P 500 was up 7.52 points to close at 2,212.23. DJIA futures are up 16 points early Wednesday. Asian markets are mostly higher with Japan's Nikkei up 136 points (0.7%), Hong Kong's Hang Seng Index is up 126 points (0.5%), and China's Shanghai Composite is up 23 points (+.7%). European markets are mostly higher Wednesday with London's FTSE 100 up 92 points (1.3%), Germany's DAX is up 160 points (1.5%), and France's CAC 40 is up 43 points (0.9%). The U.S. dollar index is up .06 at 100.55. Crude oil is up $0.05 at $50.98 while Brent crude is up $0.05 at $53.98. February gold is up $2.70 at $1,172.80. February Malaysian palm oil futures were down 1.3% overnight and soybeans at China's Dalian exchange were higher.