DTN Early Word Grains 03/01 05:54

DTN Early Word Grains 03/01 05:54 Most Commodities Starting Lower in March May corn was unchanged, May soybeans were 4 1/4 cents higher, and July Kansas City (HRW) wheat was 3/4 cent lower. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: May corn was unchanged, May soybeans were 4 1/4 cents higher, and July Kansas City (HRW) wheat was 3/4 cent lower. CME Globex Recap: May soybeans are modestly higher while corn and wheat take a moment after this week's gains to pause in anticipation of more bearish news from USDA's report of export sales. Nearly all commodities are trading lower early Thursday while the March U.S. dollar index is up 0.14. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 380.83 points (-1.5%) lower at 25,029.20, the NASDAQ Composite fell 57.34 points (-0.8%) to 7,273.01, and the S&P 500 dropped 30.45 points (-1.1%) to 2,713.83 Wednesday. DJIA futures were 12 points higher early Thursday morning. Asian markets were mixed with Japan's Nikkei 225 down 343.77 points (-1.6%), Hong Kong's Hang Seng up 199.53 points (0.6%), and China's Shanghai Composite up 14.35 points (0.4%). European markets were lower with London's FTSE 100 down 41.10 points (-0.6%), Germany's DAX down 179.14 points (-1.4%), and France's CAC 40 down 52.45 points (-1.0%). The euro was 0.0020 lower at 1.2197 while the U.S. dollar index gained 0.10 to 90.75. March 30-year T-Bonds were 13/32 higher at 144'27 while April gold was down $6.40 at $1,311.50. Crude oil was $0.44 lower at $61.20 and Brent crude was down $0.50 at $64.23. China's Dalian soybean were higher and Malaysian palm oil futures were down 0.4% overnight.