DTN Early Word Grains 03/15 05:57

DTN Early Word Grains 03/15 05:57 Grains Mixed Amid Trade Comments, Soft Export Sales May corn is down 1/2 cents per bushel, May soybeans are up 1 3/4 cents, and May K.C. wheat is up 1/4 cents. By Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: May corn is down 1/2 cents per bushel, May soybeans are up 1 3/4 cents, and May K.C. wheat is up 1/4 cents. CME Globex Recap: Stocks are higher around the globe as comments from Chinese state media were viewed as supportive of a trade deal. China's state owned media said Friday "substantive progress" on trade talks is being made while Beijing passed a new foreign investment law designed to smooth a path toward a trade deal with the U.S. Grains are mixed Friday morning as most contracts back and fill, although wheat is looking forward to its first higher close since the last week of January if no abrupt selloff is seen during the session. The massive blizzard that struck the Dakotas and Nebraska mid-week is exacerbating snowpack and flooding challenges and should hamper logistics further in coming days. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 7.05 at 25,709.94 and the S&P 500 down 2.44 at 2,810.92 while the 10-Year Treasury yield ended at 2.63%. Early Friday, the June DJIA futures are up 93 points. Asian markets are higher with Japan's Nikkei 225 up 163.83 (0.77%) and China's Shanghai Composite up 31.07 points (1.04%). European markets are higher with London's FTSE 100 up 37.44 points (0.52%), Germany's DAX up 38.33 points (0.33%) and France's CAC 40 up 26.04 points (0.49%). The March Euro is up 0.002 at 1.130 and the March U.S. dollar index is down 0.174 at 96.595. The June 30-Year T-Bond is up 3/32nds, while April gold is up $7.60 at $1,302.70 and April crude oil is down $0.03 at $58.58. Soybeans on China's Dalian Exchange were up 0.83% while soybean meal was up 0.47%.