DTN Early Word Grains 06/01 05:55

DTN Early Word Grains 06/01 05:55 Welcome to Summer July corn was 1 cent higher, July soybeans were 2 cents higher, and July Kansas City (HRW) wheat was 2 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: July corn was 1 cent higher, July soybeans were 2 cents higher, and July Kansas City (HRW) wheat was 2 cents higher. CME Globex Recap: The first morning of summer, according to the meteorological calendar, has grains showing green. Gains were consistent across the board with all three major markets up 1 to 2 cents. Outside commodities were mixed with energies recovering from Wednesday's sell-off, metals lower, and softs mixed. The U.S. dollar index was also trying to gain back some of its recent loss while DJIA futures were posting a small gain. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 20.82 points (0.1%) lower at 21,008.65, the NASDAQ Composite dipped 4.67 points (0.1%) to 6,198.52, and the S&P 500 lost 1.11 points to 2,411.80 Wednesday. DJIA futures were 1 point higher early Thursday morning. Asian markets closed mostly higher with Japan's Nikkei up 209.46 points (1.1%), Hong Kong's Hang Seng gaining 148.57 points (0.6%), and China's Shanghai Composite down 14.55 points (0.5%). European markets were trading mostly higher with London's FTSE 100 up 28.13 points (0.4%), Germany's DAX adding 43.13 points (0.3%), and France's CAC 40 gaining 37.96 points (0.7%). The euro was 0.0012 lower at 1.1232 while the U.S. dollar index gained 0.14 to 97.12. September 30-year T-Bonds were 8/32 lower at 153'18 while August gold lost $7.20 to $1,268.20. Crude oil was $0.11 higher at $48.43 while Brent crude lost $0.01 to $50.75. China's Dalian soybean futures were lower while Malaysian palm oil futures were mixed overnight.