DTN Early Word Grains 02/27 05:56

DTN Early Word Grains 02/27 05:56 Commodities Leaning Higher Early Wednesday May corn is up 1 1/4 cents, May soybeans are up 1/4 cent and May K.C. wheat is up 6 1/4 cents. By Todd Hultman DTN Lead Analyst 6:00 a.m. CME Globex: May corn is up 1 1/4 cents, May soybeans are up 1/4 cent and May K.C. wheat is up 6 1/4 cents. CME Globex Recap: After a technical error at CME Group overnight, markets are functioning again with European stocks and U.S. stock futures trading lower. The March U.S. dollar index is lightly lower and most commodities are starting the day higher. OUTSIDE MARKETS: Previous closes on Tuesday showed the Dow Jones Industrial Average down 33.97 at 26,057.98 and the S&P 500 down 2.21 at 2,793.90, while the 10-yr Treasury yield ended at 2.64%. Early Wednesday, DJIA futures are down 63 points. Asian markets are higher with Japan's Nikkei 225 up 107.12 (0.5%) and China's Shanghai Composite up 12.31 points (0.4%). European markets are lower with London's FTSE 100 down 66.81 points (-0.9%), Germany's DAX down 86.35 points (-0.75%), and France's CAC 40 down 19.89 points (-0.4%). The March Euro is unchanged at $1.140 and the March U.S. dollar index is down 0.060 at 95.805. The June 30-Year T-Bond is down 1/32nds, while April gold is up $0.30 at $1,328.80 and April crude oil is up $0.70 at $56.20. Soybeans and meal on China's Dalian Exchange were both modestly lower.