DTN Early Word Grains 12/28 06:03

DTN Early Word Grains 12/28 06:03 On the Tenth Day of Christmas... March corn was 1 cent lower, March soybeans were 1 cent higher, and March Chicago wheat was 2 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent lower, March soybeans were 1 cent higher, and March Chicago wheat was 2 cents lower. CME Globex Recap: Follow-through buying had soybeans trading higher early Wednesday morning while the other grains took a breather. Outside markets were mixed, though both crude oil and gold were showing gains despite the continued strength of the U.S. dollar index. DJIA futures were also higher, once again setting the table for the Big Board to test 20,000. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 11.23 points higher at 19,945.04. The NASDAQ composite gained 24.75 points (0.5%) to 5,487.44 and the S&P 500 added 5.09 points (0.2%) to close at 2,269.88 Tuesday. DJIA futures were 32 points higher early Wednesday morning. Asian markets were mixed with Japan's Nikkei down 1.34 points, Hong Kong's Hang Seng was up 179.98 points (0.8%), and China's Shanghai Composite was off 12.43 points (0.4%). European markets were also mixed Wednesday with London's FTSE 100 gaining 26.58 points (0.4%), Germany's DAX off 3.15 points, and France's CAC 40 losing 3.94 points. The U.S. dollar index was 0.26 higher at 103.30. March 30-year T-Bonds were up 4/32 at 148'22 while December gold added $0.10 to $1,138.90. Crude oil added $0.25 to $54.15 while Brent crude was $0.34 higher at $56.43. Dalian soybean and Malaysian palm oil futures were both higher overnight.