DTN Early Word Grains 01/15 05:56

DTN Early Word Grains 01/15 05:56 Crop Prices Lightly Higher as Tuesday Starts Quiet March corn is up 1 3/4 cents, March soybeans are up 1 3/4 cents, and March K.C. wheat is up 1/2 cent. By Todd Hultman DTN Lead Analyst 6:00 a.m. CME Globex: March corn is up 1 3/4 cents, March soybeans are up 1 3/4 cents, and March K.C. wheat is up 1/2 cent. CME Globex Recap: European stock markets and the Dow Jones futures were a little higher early Tuesday, while long-term interest rates were a little lower. According to Dow Jones, Germany reported its lowest annual GDP growth in five years and the People's Bank of China said it would help the economy with expanded credit and lower taxes. Grains were starting the day slightly higher and the rest of the commodity board was mixed. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average down 86.11 at 23,909.84 and the S&P 500 down 13.65 at 2,582.61 while the 10-yr Treasury yield ended at 2.71%. Early Tuesday, DJIA futures are up 89 points. Asian markets are higher with Japan's Nikkei 225 up 195.59 (1.0%) and China's Shanghai Composite up 34.58 points (1.4%). European markets are higher with London's FTSE 100 up 7.08 points (0.1%), Germany's DAX up 13.44 points (0.1%), and France's CAC 40 up 9.07 points (0.2%). The March euro was down 0.004 at 1.149 and the March U.S. dollar index was up 0.28 at 95.48. March 30-year T-Bonds were up 13/32nds while February gold was down $2.30 at $1289.00 and February crude oil was up $0.44 at $50.95. Soybeans on China's Dalian Exchange are up slightly while soymeal is down 0.7%.