DTN Early Word Grains 10/27 05:52

DTN Early Word Grains 10/27 05:52 Last Friday of the Month December corn was fractionally lower, November soybeans were fractionally higher, and December Chicago (SRW) wheat was 1 cent lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally lower, November soybeans were fractionally higher, and December Chicago (SRW) wheat was 1 cent lower. CME Globex Recap: October has come and gone quickly with overnight trade leading to lower markets to start the last Friday of the month. The oilseed complex was higher while grains, including oats and rice, were mostly lower. Softs and metals were both lower early Friday while the energy complex was mostly lower. Commodities in general continue to struggle with the strong rally of the U.S. dollar index, while DJIA futures also posted a solid gain again overnight. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 71.40 points (0.3%) higher at 23,400.86, the NASDAQ Composite lost 7.12 points (0.1%) to 6,556.77, and the S&P 500 added 3.25 points (0.1%) to 2,560.40 Thursday. DJIA futures were 43 points higher early Friday morning. Asian markets closed mostly higher with Japan's Nikkei 225 up 268.67 points (1.2%), Hong Kong's Hang Seng gaining 236.47 points (0.8%), and China's Shanghai Composite rallying 9.25 points (0.3%). European markets were trading mostly higher with London's FTSE 100 gaining 18.01 points (0.2%), Germany's DAX up 108.42 points (0.8%) and France's CAC 40 adding 56.66 points (1.0%). The euro was 0.0017 lower at 1.1635 while the U.S. dollar index added another 0.17 to 94.81. December 30-year T-Bonds were 4/32 higher at 150'27 while December gold lost $0.80 to $1,268.80. Crude oil was $0.11 lower at $52.53 while Brent crude was off $0.20 at $59.10. China's Dalian soybean futures were lower and Malaysian palm oil futures were mostly higher overnight.