DTN Early Word Grains 02/08 05:55

DTN Early Word Grains 02/08 05:55 Soybeans Continue to Roll March corn was 1 cent lower, March soybeans were 8 cents higher, and July Kansas City wheat was fractionally higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent lower, March soybeans were 8 cents higher, and July Kansas City wheat was fractionally higher. CME Globex Recap: Global oilseeds in general were higher overnight with only China's Dalian soybean market lagging a bit. A solid rally in the Chicago market didn't appear to help corn and wheat much, with both showing fractional losses again early Wednesday morning. Outside markets were mixed with the energy complex lower while metals were mostly higher. The U.S. dollar index was showing gains again while DJIA futures continued to climb. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 37.87 points (0.2%) higher at 20,090.29. The NASDAQ Composite gained 10.67 points (0.2%) to 5,674.22 and the S&P 500 added 0.52 point to 2,293.08 Tuesday. DJIA futures were 19 points higher early Wednesday morning. Asian markets were mostly higher with Japan's Nikkei up 96.82 points (0.5%), Hong Kong's Hang Seng gained 153.56 points (0.7%), and China's Shanghai Composite rallied 13.89 points (0.4%). European markets were mixed Wednesday with London's FTSE 100 down 7.32 points (0.1%), Germany's DAX adding 14.21 points (0.1%), and France's CAC 40 gaining 27.53 points (0.6%). The U.S. dollar index was 0.180 higher at 100.580 while the euro lost another 0.0036 to 1.0648. March 30-year T-Bonds were 5/32 higher to 152'11 while April gold added $2.20 to $1,238.30. Crude oil dropped $0.37 to $51.80 while Brent crude fell $0.18 to $54.87. Dalian soybean futures showed small losses while Malaysian palm oil futures were 23 ringgits higher overnight.