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DTN Early Word Grains 04/26 05:57

26 Apr 2018
DTN Early Word Grains 04/26 05:57 A Mixed Market Morning July corn was 1 cent lower, July soybeans were 5 cents higher, and July Kansas City (HRW) wheat was 4 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: July corn was 1 cent lower, July soybeans were 5 cents higher, and July Kansas City (HRW) wheat was 4 cents lower. CME Globex Recap: Commodities in general were mostly higher early Thursday morning, though the grain and oilseed complex was mixed. Soybeans continued its rally, adding another nickel to this week's news, while winter wheat was down almost a nickel. Corn, as usual, was sitting quietly in between. Metals were also mixed, with gold and silver higher while copper was lower. The energy complex was in the green again as the U.S. dollar index came under pressure. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 59.70 points (0.3%) higher at 24,083.83, the NASDAQ Composite lost 3.61 points to 7,003.74, and the S&P 500 added 4.84 points (0.2%) to 2,639.40 Wednesday. DJIA futures were 26 points higher early Thursday morning. Asian markets closed mixed with Japan's Nikkei 225 up 104.29 points (0.5%), Hong Kong's Hang Seng losing 320.47 points (1.1%), and China's Shanghai Composite falling 42.94 points (1.4%). European markets were trading higher with London's FTSE 100 up 11.98 points (0.2%), Germany's DAX gaining 29.01 points (0.2%), and France's CAC 40 rallying 24.97 points (0.5%). The euro was 0.0012 higher at 1.2172 while the U.S. dollar index slipped 0.05 to 91.20. June 30-year T-Bonds were 11/32 higher at 142'03 while June gold added $0.60 to $1,323.40. Crude oil was $0.38 higher at $68.43 as Brent crude gained $0.57 to $74.57. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.