DTN Early Word Grains 06/11 05:58

DTN Early Word Grains 06/11 05:58 Row Crops Starting Quiet, Mixed July corn was down 1 3/4 cents, July soybeans were down 1 3/4 cents, and July Kansas City (HRW) wheat was up 1/4 cent. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: July corn was down 1 3/4 cents, July soybeans were down 1 3/4 cents, and July Kansas City (HRW) wheat was up 1/4 cent. CME Globex Recap: Financial markets are starting close to Friday's prices early Monday even though there will be a lot of news to follow this week. The weekend's G-7 meeting increased strain between the U.S. and its trading partners, President Trump will be meeting with North Korea's President Kim Jong-un in Singapore on Tuesday, and the Federal Reserve is expected to increase the federal funds rate again on Wednesday. Grains were off to a mixed start with a forecast that still looks mostly favorable for the Midwest. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 75.12 points higher at 25,316.51 and the S&P 500 was up 8.66 points to 2,779.03, while the 10-year Treasury yield ended at 2.94% Friday. Early Monday, DJIA futures were up 33 points. Asian markets were mixed with Japan's Nikkei 225 up 109.54 points (0.5%) and China's Shanghai Composite down 14.36 points (-0.5%). European markets were a little higher with London's FTSE 100 up 57.77 points (0.7%), Germany's DAX up 83.76 points (0.6%), and France's CAC 40 up 12.72 points (0.2%). The euro was up 0.0014 and the U.S. dollar index was up 0.11 to 93.65. June 30-year T-Bonds were down 14/32nds while August gold was down $3.60 to $1,299.10 and July crude oil was down $0.37 at $65.37. China's Dalian soybeans were steady to lower and Malaysian palm oil futures were down 0.4% overnight.