DTN Early Word Grains 01/04 05:55

DTN Early Word Grains 01/04 05:55 Perfectly Mixed March corn was unchanged, March soybeans were 1 cent higher, and March Chicago wheat was 1 cent lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was unchanged, March soybeans were 1 cent higher, and March Chicago wheat was 1 cent lower. CME Globex Recap: Grains were quietly mixed early Wednesday morning giving little hint as to the day's possible direction. Outside markets were mostly higher with crude oil, gold, 30-year T-bonds, and DJIA futures all higher. However, Tuesday's big loser, natural gas, was under pressure again, as was the U.S. dollar index. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 119.16 points (0.6%) higher at 19,881.76. The NASDAQ Composite rallied 45.97 points (0.9%) to 5,429.08 and the S&P 500 added 19 points (0.9%) to close at 2,257.83 Tuesday. DJIA futures were 21 points higher early Wednesday morning. Asian markets were mostly higher with Japan's Nikkei up 479.79 points (2.5%), Hong Kong's Hang Seng lost 15.93 points (0.1%), and China's Shanghai Composite rallied 22.87 points (0.7%). European markets were mostly lower Wednesday with London's FTSE 100 losing 4.45 points, Germany's DAX off 44.17 points (0.4%), and France's CAC 40 off 6.55 points (0.1%). The U.S. dollar index was 0.29 lower at 102.92 while the euro was 0.0038 higher at 1.0443. March 30-year T-Bonds were up 6/32 at 150'24 while February gold gained $5.50 to $1,167.50. Crude oil added $0.02 to $52.35 while Brent crude was $0.01 higher at $55.48. Dalian soybean futures were higher while Malaysian palm oil futures were lower overnight.