DTN Early Word Grains 12/19 06:02

DTN Early Word Grains 12/19 06:02 Weaker Grains, Chinese Announcements Remain Thin March corn was down 3/4 cent, January soybeans were down 1/4 cent, and March KC wheat was down 4 1/4 cent. By Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: March corn was down 3/4 cent, January soybeans were down 1/4 cent, and March KC wheat was down 4 1/4 cent. CME Globex Recap: Equity markets around the globe are mostly higher Wednesday morning with all eyes on the Federal Reserve decision on rates later this afternoon. In addition, bloodletting in the energy markets remains a major feature as spot crude oil futures traded below the 46-handle area before recovering. Grains continue their quiet, choppy trade as holiday mode kicks into high gear and Chinese announcements remain lacking. OUTSIDE MARKETS: Tuesday closes showed the Dow Jones Industrial Average up 82.66 at 23,675.64, the S&P 500 up 0.22 at 2,546.16 while the 10-yr Treasury yield ended at 2.807%. Early Wednesday, DJIA futures are up 191.00. Asian markets were lower with Japan's Nikkei 225 down 127.53 points (-0.60%) and China's Shanghai Composite was down 27.09 points (-1.05%). European markets are higher with London's FTSE 100 up 58.56 points (0.87%), Germany's DAX up 71.02 points (0.71%), and France's CAC 40 up 27.64 points (0.58%). The euro was up 0.00505 at 1.14365 and the U.S. dollar index was down 0.1730 at 96.8120. December 30-year T-Bonds were up 9/32nds while February gold was down $1.50 at $1252.00 and February crude oil was up $0.13 at $46.73. Soybeans on China's Dalian Exchange closed up 0.16% and soymeal closed up 0.48%.