DTN Early Word Grains 07/13 05:56

DTN Early Word Grains 07/13 05:56 It's 1pm Somewhere December corn was 3 cents lower, November soybeans were 19 cents lower, and September Kansas City (HRW) wheat was 12 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 3 cents lower, November soybeans were 19 cents lower, and September Kansas City (HRW) wheat was 12 cents lower. CME Globex Recap: Grains and oilseeds were mostly lower overnight with the heaviest selling seen in Chicago soybeans and winter wheat. Corn may be running low on new sell orders following Wednesday's collapse, though there was enough to maintain pressure through early Thursday morning. Outside markets were mostly higher with softs and metals higher while energies were lower. The U.S. dollar index was down slightly while DJIA futures were higher. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 123.07 points (0.6%) higher at 21,532.14, the NASDAQ Composite gained 67.87 points (1.1%) to 6,261.17, and the S&P 500 added 17.72 points (0.7%) to 2,443.25 Wednesday. DJIA futures were 24 points higher early Thursday morning. Asian markets closed higher with Japan's Nikkei up 1.43 points, Hong Kong's Hang Seng gaining 302.53 points (1.2%), and China's Shanghai Composite adding 20.62 points (0.6%). European markets were trading higher with London's FTSE 100 up 3.62 points, Germany's DAX gaining 32.89 points (0.3%), and France's CAC 40 rallying 33.65 points (0.6%). The euro was down 0.0009 at 1.1404 while the U.S. dollar index dipped 0.02 to 95.74. September 30-year T-Bonds were 14/32 higher at 153'07 while August gold added $2.20 to $1,221.30. Crude oil was $0.26 lower at $45.23 while Brent crude slipped $0.30 to $47.44. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.