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DTN Early Word Grains 10/02 06:15

2 Oct 2018
DTN Early Word Grains 10/02 06:15 Mixed Grain Trade as NAFTA 2.0 Supports But China Tension Pressures December corn was down 1 3/4 cents, November soybeans were down 2 1/2 cents, and December K.C. wheat was up 2 1/4 cents. Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: December corn was down 1 3/4 cents, November soybeans were down 2 1/2 cents, and December K.C. wheat was up 2 1/4 cents. CME Globex Recap: Equity markets are mostly lower around the globe Tuesday, taking a breather from Monday's "NAFTA rally." The U.S. dollar is showing strength Tuesday, trading the highest value since Sept. 4. Crude oil is making fresh highs for the move and trading its highest levels since November 2014. Grains remain in ranges with plenty of overhead resistance. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average up 192.90 points at 26,651.21 and the S&P 500 up 10.61 points at 2,924.59 while the 10-year Treasury yield ended at 3.08%. Early Tuesday, DJIA futures were down 97.00. Asian markets were higher with Japan's Nikkei 225 up 24.86 points (0.10%). European markets are lower with London's FTSE 100 down 39.32 points (-0.52%), Germany's DAX down 88.44 points (-0.72%), and France's CAC 40 down 52.96 points (-0.96%). The euro was down 0.00635 at 1.15815 and the U.S. dollar index was up 0.402 at 95.6870. September 30-year T-Bonds were up 10/32nds while December gold was up $2.60 at $1,194.30 and November crude oil was down $0.03 at $75.27. Soybeans on China's Dalian Exchange are closed for holiday.