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DTN Early Word Grains 10/26 05:45

26 Oct 2018
DTN Early Word Grains 10/26 05:45 Grains Show a Higher Start Early Friday December corn was up 2 cents, November soybeans were up 2 cents, and December K.C. wheat was up 7 cents. By Todd Hultman DTN Analyst Pre-6:00 a.m. CME Globex: December corn was up 2 cents, November soybeans were up 2 cents, and December K.C. wheat was up 7 cents. CME Globex Recap: Stock markets are lower in Europe and are also influencing the Dow Jones futures lower early Friday, giving investors more to think about. Much of the commodity board is also trading lower early, but not the grain sector where prices have already come down this week and are off to a modestly higher start. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 401.13 points at 24,984.55 and the S&P 500 up 49.47 points at 2,705.57 while the 10-year Treasury yield ended at 3.14%. Early Friday, DJIA futures were down 236 points. Asian markets are modestly lower with Japan's Nikkei 225 down 84.13 (-0.4%) and China's Shanghai Composite down 4.95 (-0.2%). European markets are also lower with London's FTSE 100 down 104.20 points (-1.5%), Germany's DAX down 190.72 points (-1.7%), and France's CAC 40 down 104.71 points (-2.1%). The euro was up .0009 and the U.S. dollar index was up 0.03 at 96.63. December 30-year T-Bonds were up 22/32nds while December gold was up $7.80 at $1,240.20 and December crude oil was down $0.79 at $66.54. Soybeans on China's Dalian Exchange were modestly lower and Malaysian palm oil futures were down 1.1% to a new three-year low in the spot contract.