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DTN Early Word Grains 09/11 05:58

11 Sep 2018
DTN Early Word Grains 09/11 05:58 Back and Fill Trade Waiting on the WASDE December corn was unchanged, November soybeans were up 2 1/4, and December K.C. wheat was down 3. Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: December corn was unchanged, November soybeans were up 2 1/4, and December K.C. wheat was down 3. CME Globex Recap: Mixed to lower equity markets around the globe as trade war fears persist. Some Asian equity markets are on the verge of bear market territory. Crude, and most energy markets, remain in near-term downtrends. Grains continue to chop waiting on tomorrow's WASDE report. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average down 59.47 points at 25,857.07 and the S&P 500 up 5.45 points at 2,877.13 while the 10-year Treasury yield ended at 2.957%. Early Tuesday, DJIA futures were down 5.75. Asian markets are mixed with Japan's Nikkei 225 up 291.60 points (1.30%) and China's Shanghai Composite down 4.68 (-0.18%). European markets are mostly lower with London's FTSE 100 down 41.68 points (-0.57%), Germany's DAX down 62.18 points (-0.52%), and France's CAC 40 down 9.21 points (-0.17%). The euro was down 0.00170 at 1.15855 and the U.S. dollar index was up 0.0890 at 95.2420. September 30-year T-Bonds were down 9/32nds while December gold was down $1.30 at $1198.50 and October crude oil was up $0.14 at $67.68. Soybeans on China's Dalian Exchange closed up 1.21% while meal was up 0.45%.