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DTN Early Word Grains 04/30 05:58

30 Apr 2018
DTN Early Word Grains 04/30 05:58 Another Green Start to the Week July corn was 3 cents higher, July soybeans were 8 cents higher, and July Kansas City (HRW) wheat was 3 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: July corn was 3 cents higher, July soybeans were 8 cents higher, and July Kansas City (HRW) wheat was 3 cents higher. CME Globex Recap: The grain and oilseed complex traded higher overnight into Sunday morning, with soybeans up almost 10 cents. The wheat complex also saw a solid rally, while corn continues to climb. Energies were mostly lower, with only natural gas showing a small gain, while metals were mixed. The U.S. dollar index and DJIA futures were also higher to start the week. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 11.15 points lower at 24,311.19, the NASDAQ Composite gained 1.12 points to 7,119.80, and the S&P 500 added 2.97 points (0.1%) to 2,669.91 Friday. DJIA futures were 110 points higher early Monday morning. Asian markets closed higher with Japan's Nikkei 225, Hong Kong's Hang Seng gaining 527.78 points (1.7%), and China's Shanghai Composite closed. European markets were trading higher with London's FTSE 100 up 37.28 points (0.5%), Germany's DAX gaining 17.26 points (0.1%), and France's CAC 40 adding 12.43 points (0.2%). The euro was 0.0016 lower at 1.2115 while the U.S. dollar index gained 0.14 to 91.66. June 30-year T-Bonds were 5/32 lower at 143'03 while June gold dropped $5.40 to $1,318.00. Crude oil was $0.65 lower at $67.45 as Brent crude lost $0.77 to $73.87. China's Dalian soybean futures were closed while Malaysian palm oil futures were lower again overnight.