DTN Early Word Grains 03/27 05:55

DTN Early Word Grains 03/27 05:55 The End is Near May corn was fractionally higher, May soybeans were 1 cent lower, and July Kansas City (HRW) wheat was 2 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: May corn was fractionally higher, May soybeans were 1 cent lower, and July Kansas City (HRW) wheat was 2 cents lower. CME Globex Recap: The end of the month is fast approaching with the U.S. dollar index nearing the establishment of a bearish range on its monthly chart. Yes, the greenback was on the defensive again overnight into Monday morning, though commodities in general didn't look to capitalize. Corn was showing a small gain while gold jumped almost $10. Otherwise, the sector was mixed at best. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 59.86 points (0.3%) lower at 20,596.72. The NASDAQ Composite gained 11.04 points (0.2%) to 5,828.74 and the S&P 500 dipped 1.98 points (0.1%) to 2,343.98 Friday. DJIA futures were 141 points lower early Monday morning. Asian markets were lower with Japan's Nikkei down 276.94 points (1.4%), Hong Kong's Hang Seng lost 164.57 points (0.7%), and China's Shanghai Composite fell 2.49 points (0.1%). European markets were also lower Monday with London's FTSE 100 losing 55.18 points (0.8%), Germany's DAX off 99.67 points (0.8%), and France's CAC 40 down 18.30 points (0.4%). The euro was 0.0070 higher at 1.0869 while the U.S. dollar index lost 0.73 to 99.04, a new 3-month low. June 30-year T-Bonds were 17/32 higher at 151'20 while April gold gained $8.70 to $1,257.20. Crude oil fell $0.44 to $47.53 while Brent crude lost $0.32 to $50.48. Dalian soybean and Malaysian palm oil futures were sharply lower overnight.