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DTN Early Word Grains 02/14 05:55

14 Feb 2017
DTN Early Word Grains 02/14 05:55 Grains Lower With More on the Way March corn was down 1 3/4 cents, March soybeans were down 4 1/4 cents, and March Chicago wheat was down 3 1/2 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: March corn was down 1 3/4 cents, March soybeans were down 4 1/4 cents, and March Chicago wheat was down 3 1/2 cents. CME Globex Recap: All three grains were lower early Tuesday with South America's next crops threatening to put an end to the run of this season's good demand in the U.S. The U.S. dollar index is down 0.23, allowing a modest rebound in commodity prices. OUTSIDE MARKETS: The Dow Jones Industrial Average closed up 142.79 points at 20,412.16. The NASDAQ Composite was up 29.83 points at 5,763.96 and the S&P 500 was up 12.15 points at 2,328.25 Monday. DJIA futures were down 13 points early Tuesday morning. Asian markets were mostly lower with Japan's Nikkei down 220 points (-1.1%), Hong Kong's Hang Seng down 7.97 points (-0.03%), and China's Shanghai Composite up 1.09 points (0.03%). European markets were mixed Tuesday with London's FTSE 100 up 8.48 points (0.1%), Germany's DAX down 1.05 points (-0.01%), and France's CAC 40 up 2.86 points (0.06%). The U.S. dollar index was down 0.23 at 100.79 while the euro was up 0.00195 at 1.06290. March 30-year T-Bonds were down 5/32nds at 151'07 while April gold was up $4.80 at $1,230.60. March crude oil was up $0.43 at $53.36 while Brent crude was up $0.54 at $56.13. Soybeans at the Dalian Exchange are higher overnight and Malaysian palm oil futures were up 0.4%.