DTN Early Word Grains 01/17 05:55

DTN Early Word Grains 01/17 05:55 Grain Changes Small, But Green March corn is up 1 1/4 cents, March soybeans are up 3 1/2 cents, and March K.C. wheat is up 1 1/2 cents. By Todd Hultman DTN Lead Analyst 6:00 a.m. CME Globex: March corn is up 1 1/4 cents, March soybeans are up 3 1/2 cents, and March K.C. wheat is up 1 1/2 cents. CME Globex Recap: The world's stock markets are lightly lower overnight and commodities are mixed, but the grain sector is mostly green, showing small gains to start Thursday's action. February crude oil is down 61 cents after the Energy Department reported a 2.7 million barrel drawdown on Wednesday. OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones Industrial Average up 141.57 at 24,207.16 and the S&P 500 up 5.80 at 2,616.10 while the 10-yr Treasury yield ended at 2.73%. Early Thursday, DJIA futures are down 48 points. Asian markets are lower with Japan's Nikkei 225 down 40.48 (-0.2%) and China's Shanghai Composite down 10.79 points (-(-10.8%). European markets are lower with London's FTSE 100 down 20.75 points (-0.3%), Germany's DAX down 29.27 points (-0.3%), and France's CAC 40 down 11.90 points (-0.25%). The March euro was steady at 1.145 and the March U.S. dollar index was up 0.05 at 95.72. March 30-year T-Bonds were up 8/32nds while February gold was up $0.20 at $1294.00 and February crude oil was down $0.61 at $51.70. Soybeans and meal on China's Dalian Exchange were both down slightly.