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DTN Early Word Grains 04/03 05:55

3 Apr 2017
DTN Early Word Grains 04/03 05:55 A Rare Emerald Monday for Grains May corn was 2 cents higher, May soybeans were 2 cents higher, and July Kansas City (HRW) wheat was 3 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: May corn was 2 cents higher, May soybeans were 2 cents higher, and July Kansas City (HRW) wheat was 3 cents higher. CME Globex Recap: Grain and oilseed markets were higher early Monday, nearly across the board. Only Minneapolis spring wheat refused to rally on light follow-through selling from last Friday. Outside markets were mixed with energies mostly higher, metals lower, the U.S. dollar index unchanged, and DJIA futures higher. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 65.27 points (0.3%) lower at 20,663.22. The NASDAQ Composite lost 2.61 point to 5,911.74 and the S&P 500 dipped 5.34 points (0.2%) to 2,362.72 Friday. DJIA futures were 21 points higher early Monday morning. Asian markets closed higher with Japan's Nikkei up 73.97 points (0.4%) and Hong Kong's Hang Seng gaining 149.89 points (0.6%). European markets were mostly higher Monday with London's FTSE 100 up 6.63 points, Germany's DAX rallying 47.86 (0.4%) points, and France's CAC 40 adding 1.47 points. The euro was 0.0001 lower at 1.0654 while the U.S. dollar index gained 0.02 to 100.58. June 30-year T-Bonds were 4/32 higher at 150'31 while April gold lost $2.40 to $1,244.90. Crude oil dipped $0.01 to $50.59 while Brent crude slipped $0.09 to $52.44. China's Dalian soybean futures were closed overnight while Malaysian palm oil futures were higher.