DTN Early Word Grains 07/27 05:57

DTN Early Word Grains 07/27 05:57 Crop Prices Mixed Ahead Of GDP Report December corn was down 1 cent, November soybeans were up 3 3/4 cents, and September Kansas City (HRW) wheat was down 5 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was down 1 cent, November soybeans were up 3 3/4 cents, and September Kansas City (HRW) wheat was down 5 cents. CME Globex Recap: U.S. and European stock markets are a little higher early Friday along with the September U.S. dollar index as traders wait for what is expected to be a bullish report of higher U.S. GDP growth in the second quarter at 7:30 a.m. CDT. Outside of grains, most commodities are starting the day lower with August gold down $7.30. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 112.97 points at 25,527.07 and the S&P 500 down 8.63 points at 2,837.44 while the 10-year Treasury yield ended at 2.97%. Early Friday, DJIA futures were up 20 points. Asian markets are mixed with Japan's Nikkei 225 up 125.88 (0.6%) and China's Shanghai Composite down 8.63 (-0.3%). European markets are modestly higher with London's FTSE 100 up 35.25 points (0.5%), Germany's DAX up 49.60 points (0.4%), and France's CAC 40 up 8.43 points (0.1%). The euro was down .0023 and the U.S. dollar index was up 0.12 at 94.90. September 30-year T-Bonds were up 1/32nd while August gold was down $7.30 at $1,218.40 and September crude oil was down $0.21 at $69.40. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were down 0.7%.