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DTN Early Word Grains 11/30 05:55

30 Nov 2017
DTN Early Word Grains 11/30 05:55 Autumn is Over... March corn was 1 cent lower, January soybeans were 1 cent lower, and March Chicago (SRW) was 3 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent lower, January soybeans were 1 cent lower, and March Chicago (SRW) was 3 cents lower. CME Globex Recap: According to the calendar, the end of November is the end of fall, making Thursday the last day of autumn. Fittingly, given what has been seen in the grain and oilseed complex the last three months, the complex was quietly lower overnight. Meanwhile, outside markets were mostly higher as buyers came back to the energy complex. The U.S. dollar index and DJIA futures both continued to rally overnight, the latter hinting at another strong move by the Big Board when it opens Thursday morning. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 103.97 points (0.4%) higher at 23,940.68, the NASDAQ Composite lost 87.97 points (1.3%) to 6,824.39, and the S&P 500 slipped 0.97 point to 2,626.07 Wednesday. DJIA futures were 88 points higher early Thursday morning. Asian markets closed mostly lower with Japan's Nikkei 225 up 127.76 points (0.6%), Hong Kong's Hang Seng down 446.18 points (1.5%), and China's Shanghai Composite off 20.67 points (0.6%). European markets were trading mostly higher with London's FTSE 100 up 16.95 points (0.2%), Germany's DAX gaining 96.40 points (0.7%), and France's CAC 40 adding 25.78 points (0.5%). The euro lost 0.0022 to 1.1828 as the U.S. dollar index gained 0.14 to 93.40. March 30-year T-Bonds were 6/32 lower at 152'00 while February gold lost $1.80 to $1,284.30. Crude oil was $0.50 higher at $57.80 while Brent crude added $0.98 to $64.09. China's Dalian soybean futures were lower and Malaysian palm oil futures were higher overnight.