DTN Early Word Grains 05/09 06:04

DTN Early Word Grains 05/09 06:04 There's Quiet and There's Tuesday Morning Quiet July corn was unchanged, July soybeans were fractionally lower, and July Kansas City (HRW) wheat was fractionally higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: July corn was unchanged, July soybeans were fractionally lower, and July Kansas City (HRW) wheat was fractionally higher. CME Globex Recap: The grain complex did little overnight, with most contracts posting narrow trading ranges on low volume. Some of this was a reaction to Monday's sell-off, and could be a sign of things to come ahead of Wednesday's round of USDA reports. Outside markets were a bit more active with energies mostly higher, metals mostly lower, while DJIA futures and the U.S. dollar index rallied. The latter continues to show strength following this past weekend's presidential election in France. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 5.34 points higher at 21,012.28, the Nasdaq Composite added 1.90 points to 6,102.66, and the S&P 500 gained 0.09 point to 2,399.38 Monday. DJIA futures were 16 points higher early Tuesday morning. Asian markets closed mixed with Japan's Nikkei down 52.70 points (0.3%), Hong Kong's Hang Seng gaining 311.12 points (1.3%), and China's Shanghai Composite adding 1.91 points. European markets were trading higher with London's FTSE 100 up 44.67 points (0.6%), Germany's DAX rallying 70.07 points (0.6%), and France's CAC 40 gaining 24.62 points (0.5%). The euro was 0.0025 lower at 1.0899 while the U.S. dollar index gained 0.22 to 99.37. June 30-year T-Bonds were 10/32 lower at 151'00 while June gold lost $2.30 to $1,224.80. Crude oil was $0.13 higher at $46.56 while Brent crude was up $0.16 at $49.50. Malaysian palm oil futures were higher again overnight.