DTN Early Word Grains 01/26 05:57

DTN Early Word Grains 01/26 05:57 Grains Quietly Lower, Stocks Set to Open Higher March corn was down 1 1/2 cents, March soybeans were down 3 cents, and March Chicago wheat was down 1 cent. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: March corn was down 1 1/2 cents, March soybeans were down 3 cents, and March Chicago wheat was down 1 cent. CME Globex Recap: All three grains were lower early in quiet trading ahead of Thursday morning export sales report from USDA. The stock market appears to have more gas in the tank, set to open higher after Wednesday's Dow Jones Industrial Average closed above 20,000 for the first time. OUTSIDE MARKETS: The Dow Jones Industrial Average closed up 155.80 points at 20,068.51. The NASDAQ Composite was up 55.38 points at 5,656.34 and the S&P 500 was up 18.30 points at 2,298.37 Wednesday. DJIA futures were up 32 points early Thursday morning. Asian markets were higher with Japan's Nikkei up 344.89 points (1.8%), Hong Kong's Hang Seng up 325.05 points (1.4%), and China's Shanghai Composite up 9.61 points (0.3%). European markets were also higher Thursday with London's FTSE 100 up 14.78 points (0.2%), Germany's DAX up 68.22 points (0.6%), and France's CAC 40 up 19.91 points (0.4%). The U.S. dollar index was up 0.30 at 100.22 while the euro was down 0.00280 at 1.07335. March 30-year T-Bonds were down 10/32nds at 149'05 while February gold was down $5.30 at $1,192.50. March crude oil was up $0.15 at $52.90 while Brent crude was up $0.27 at $55.35. Dalian soybean futures were steady to higher and Malaysian palm oil futures were down 1.1%.