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DTN Early Word Grains 12/19 05:55

19 Dec 2017
DTN Early Word Grains 12/19 05:55 Not a Creature Was Stirring March corn was fractionally higher, March soybeans were fractionally lower, and March Chicago (SRW) wheat was unchanged. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was fractionally higher, March soybeans were fractionally lower, and March Chicago (SRW) wheat was unchanged. CME Globex Recap: The grain and oilseed complex was quiet overnight, almost as if being tucked in for a long winter's nap. Contracts were generally within a few ticks of Monday's closed. Other commodity sectors were mostly higher cotton, silver, and cocoa the few in the red. The U.S. dollar index was under pressure while DJIA futures continue to rally. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 140.46 points (0.6%) higher at 24,792.20, the NASDAQ Composite gained 58.18 points (0.8%) to 6,994.76, and the S&P 500 added 14.35 points (0.5%) to 2,690.16 Monday. DJIA futures were 28 points higher early Tuesday morning. Asian markets closed mostly higher with Japan's Nikkei 225 down 33.77 points (0.1%), Hong Kong's Hang Seng gaining 203.25 points (0.7%), and China's Shanghai Composite adding 28.62 points (0.9%). European markets were trading mixed with London's FTSE 100 up 15.76 points (0.2%), Germany's DAX down 12.17 points (0.1%), and France's CAC 40 off 6.08 points (0.1%). The euro gained 0.0029 to 1.1811 as the U.S. dollar index lost 0.14 to 93.56. March 30-year T-Bonds were 1/32 higher at 153'07 while February gold gained $1.10 to $1,266.60. January bitcoin (CME) was $600 lower at $18,500. Crude oil was $0.34 higher at $57.50 while Brent crude added $0.34 to $63.75. China's Dalian soybean futures were mostly higher and Malaysian palm oil futures were mostly lower overnight.