DTN Early Word Grains 10/12 05:43

DTN Early Word Grains 10/12 05:43 Grains Set to Finish Week on a Higher Note December corn was up 1/4, November soybeans were up 6 1/2, and December MPLS wheat was up 3 1/4. Tregg Cronin DTN Contributing Analyst Pre-5:00 a.m. CME Globex: December corn was up 1/4, November soybeans were up 6 1/2, and December MPLS wheat was up 3 1/4. CME Globex Recap: Global equities are firmer, producing a relief rally after the S&P 500 had lost just shy of 5% the previous two sessions. This week has rattled investors with large nominal swings even if on a percentage basis the losses haven't been as bad as other selloffs. Safe-haven assets like treasuries and gold are not in demand to close the week. Grains enjoying an end of the week bounce on less bearish USDA reports than expected. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average down 545.91 points at 25,052.83 and the S&P 500 down 57.31 points at 2,728.37 while the 10-year Treasury yield ended at 3.169%. Early Friday, DJIA futures were up 202.00. Asian markets were higher with Japan's Nikkei 225 up 103.80 points (0.46%) and China's Shanghai Composite was up 23.45 points (0.91%). European markets are higher with London's FTSE 100 up 33.34 points (0.48%), Germany's DAX up 29.87 points (0.26%), and France's CAC 40 up 16.26 points (0.32%). The euro was down 0.00095 at 1.15865 and the U.S. dollar index was up 0.0730 at 95.1150. September 30-year T-Bonds were down 22/32nds while December gold was down $5.10 at $1222.50 and November crude oil was up $0.50 at $71.47. Soybeans on China's Dalian Exchange closed up 0.64% and soymeal closed down 1.67%.