DTN Early Word Grains 01/13 05:54

DTN Early Word Grains 01/13 05:54 HRW Wheat Feeling Lucky Friday March corn was fractionally lower, March soybeans were 4 cents lower, and July Kansas City wheat was 2 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was fractionally lower, March soybeans were 4 cents lower, and July Kansas City wheat was 2 cents higher. CME Globex Recap: Grains were lower early Friday the 13th as soybeans took a breather from Thursday's strong post-report rally. Only Kansas City HRW wheat continued to trade higher, spurred on by USDA's larger than expected reduction in planted acres. Softs were mostly lower while energies and metals were red across the board. The U.S. dollar index continued to sink while DJIA futures rallied. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 63.28 points (0.3%) lower at 19,891.00. The NASDAQ Composite lost 16.16 points (0.3%) to 5,547.49 and the S&P 500 was down 4.88 points (0.2%) at 2,270.44 Thursday. DJIA futures were 27 points higher early Friday morning. Asian markets were mostly lower though Japan's Nikkei was up 152.58 points (0.8%) and Hong Kong's Hang Seng gained 108.36 points (0.5%) while China's Shanghai Composite dropped 6.52 points (0.2%). European markets were higher Friday with London's FTSE 100 up 20.61 points (0.3%), Germany's DAX gaining 62.76 points (0.5%), and France's CAC 40 up 41.59 points (0.8%). The U.S. dollar index was 0.30 lower at 101.15 while the euro was up 0.0039 at 1.0650. March 30-year T-Bonds gained 9/32 at 152'28 while February gold fell $3.00 to $1,196.80. Crude oil lost $0.55 to $52.46 while Brent crude was $0.57 lower at $55.44. Dalian soybean and Malaysian palm oil futures were both higher overnight.