DTN Early Word Grains 02/10 05:55

DTN Early Word Grains 02/10 05:55 Back to Business March corn was fractionally higher, March soybeans were 4 cents higher, and July Kansas City wheat was 1 cent higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was fractionally higher, March soybeans were 4 cents higher, and July Kansas City wheat was 1 cent higher. CME Globex Recap: Grain markets were back to 'normal' overnight, whatever 'normal' might be, with renewed buying seen in soybeans, light trade in corn, and weak pressure in wheat. Outside markets were mixed with the energy complex mostly higher, metals mostly lower, and softs appropriately mixed. The U.S. dollar index and DJIA futures were both showing small gains early Friday. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 118.06 points (0.6%) higher at 20,172.40. The NASDAQ Composite gained 32.73 points (0.6%) to 5,715.18 and the S&P 500 added 13.20 points (0.6%) to 2,307.87 Thursday. DJIA futures were 19 points higher early Friday morning. Asian markets were higher with Japan's Nikkei up 471.26 points (2.5%), Hong Kong's Hang Seng gained 49.84 points (0.2%), and China's Shanghai Composite added 13.62 points (0.4%). European markets were mixed Friday with London's FTSE 100 up 20.59 points (0.3%), Germany's DAX gaining 17.09 points (0.2%), and France's CAC 40 off 6.43 points (0.1%). The U.S. dollar index was 0.07 higher at 100.74 while the euro lost another 0.0010 to 1.0647. March 30-year T-Bonds were 9/32 lower to 151'29 while April gold fell $8.50 to $1,228.30. Crude oil gained $0.42 to $53.42 while Brent crude rallied $0.54 to $56.17. Dalian soybean futures were mixed while Malaysian palm oil futures were lower overnight.