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DTN Early Word Grains 01/11 05:51

11 Jan 2019
DTN Early Word Grains 01/11 05:51 Commodity Board Green Early March corn is up 2 1/2 cents, March soybeans are up 3 1/2 cents, and March K.C. wheat is up 4 3/4 cents. By Todd Hultman DTN Lead Analyst 6:00 a.m. CME Globex: March corn is up 2 1/2 cents, March soybeans are up 3 1/2 cents, and March K.C. wheat is up 4 3/4 cents. CME Globex Recap: Stock markets are mixed in Europe and a little higher in Asia, while nearly all commodities are off to a higher start on Friday. Even grains are showing a firmer start after suffering losses on Thursday. This is day 21 of the government shutdown and Friday's USDA reports have been postponed. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 122.80 at 24,001.92 and the S&P 500 up 11.68 at 2,596.64 while the 10-yr Treasury yield ended at 2.73%. Early Friday, DJIA futures are down 21 points. Asian markets are moderately higher with Japan's Nikkei 225 up 196 points (1.0%) and China's Shanghai Composite up 18.73 points (0.7%). European markets are mixed with London's FTSE 100 up 25.53 points (0.4%), Germany's DAX down 26.02 points (-0.2%), and France's CAC 40 down 11.87 points (-0.25%). The March euro was up 0.003 at 1.159 and the March U.S. dollar index was down 0.19 at 94.93. March 30-year T-Bonds were up 8/32nds while February gold was up $5.80 at $1293.20 and February crude oil was up $0.45 at $53.04. Soybeans on China's Dalian Exchange is down 1% while soymeal is down 1.2%.