DTN Early Word Grains 12/14 05:53

DTN Early Word Grains 12/14 05:53 Grains Weaker on Export Sales March corn was down 3/4 cents, January soybeans were down 5 1/4 cents, and March KC wheat was down 3 cents. By Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: March corn was down 3/4 cents, January soybeans were down 5 1/4 cents, and March KC wheat was down 3 cents. CME Globex Recap: The global equity rout is back on with weakness from Asia to Europe to the U.S. Friday morning. Growth concerns are spreading from China to France as riots in Paris threaten productivity. Also worth noting, the U.S. Dollar Index has traded back up near 18-month highs. Grains are limping into the weekend with weakness in the soy complex leading the way down. Dalian futures were also sharply weaker overnight. A lot of buying occurred on rumored Chinese purchases so markets will be skeptical until the desired amount is announced. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 70.11 points at 24,597.38, the S&P 500 down 0.53 points at 2,650.54 while the 10-yr Treasury yield ended at 2.899%. Early Friday, DJIA futures are down 234.00. Asian markets were lower with Japan's Nikkei 225 down 441.36 points (-2.02%) and China's Shanghai Composite was down 40.31 points (-1.53%). European markets are lower with London's FTSE 100 down 64.47 points (-0.94%), Germany's DAX down 130.41 points (-1.39%), and France's CAC 40 down 50.87 points (-1.04%). The euro was up 0.00715 at 1.12950 and the U.S. dollar index was up 0.3940 at 97.4870. December 30-year T-Bonds were up 8/32nds while February gold was down $3.80 at $1243.50 and February crude oil was down $0.17 at $52.63. Soybeans on China's Dalian Exchange closed down 0.85% and soymeal closed down 1.37%.