DTN Early Word Grains 01/29 05:54

DTN Early Word Grains 01/29 05:54 Higher Grains, Weaker Soy as Traders Await Data, Talks March corn is up 3/4 cents per bushel, March soybeans are down 2 3/4 cents, and March K.C. wheat is up 3/4 cents. By Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: March corn is up 3/4 cents per bushel, March soybeans are down 2 3/4 cents, and March K.C. wheat is up 3/4 cents. CME Globex Recap: Global equity markets are mixed Tuesday morning as trade tensions between China and the U.S. were ramped up even further yesterday after the Trump Administration decided to issue criminal charges against an official in Chinese telecom giant Huawei Communications. Experts suggest odds of a deal just became significantly worse, and definitely begs the question of why the actions had to come this week. This week is as important as any since the growing season for grain markets as the USDA gets set to replenish data sets and implications from the trade talks could have long-lasting effects. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average down 208.98 at 24,528.22 and the S&P 500 down 20.91 at 2,664.76 while the 10-Year Treasury yield ended at 2.744%. Early Tuesday, the March DJIA futures are down 8 points. Asian markets are mixed with Japan's Nikkei 225 up 15.64 (0.08%) and China's Shanghai Composite down 2.72 points (-0.1%). European markets are higher with London's FTSE 100 up 102.32 points (1.52%), Germany's DAX up 15.55 points (0.14%) and France's CAC 40 up 31.76 points (0.65%). The March Euro is up 0.001 at 1.150 and the March U.S. dollar index is down 0.054 at 95.370. The March 30-Year T-Bond is down 0/32nds, while February gold is up $3.80 at $1,306.90 and March crude oil is up $0.48 at $52.47. Soybeans on China's Dalian Exchange were down -0.7% while soybean meal was down -1.01%.