DTN Early Word Grains 03/27 05:57

DTN Early Word Grains 03/27 05:57 Grains Mixed Midweek Ahead of Trade Talks, NASS Reports May corn is down 1 cent per bushel, May soybeans are down 2 cents, and May K.C. wheat is up 1 cent. By Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: May corn is down 1 cent per bushel, May soybeans are down 2 cents, and May K.C. wheat is up 1 cent. CME Globex Recap: Mixed equity markets around the globe Wednesday morning as investors are still trying to balance slow-growth fears with a shift to easier monetary policy in the U.S. The next round of trade talks kick off in Beijing on Thursday before moving back to Washington D.C. next week. Grain markets are also mixed at midweek, taking stock ahead of both the trade talks and the March 29 USDA reports. There seems to be growing expectation for volatility following Friday's reports, although USDA reports have largely been devoid of earth-shattering changes in the 2018/19 marketing year. Given the recent Midwest flooding, traders may opt to take a wait-and-see approach with acreage ideas this spring. OUTSIDE MARKETS: Previous closes on Tuesday showed the Dow Jones Industrial Average up 140.90 at 25,657.73 and the S&P 500 up 20.10 at 2,798.36 while the 10-Year Treasury yield ended at 2.414%. Early Wednesday, the June DJIA futures are up 36 points. Asian markets are mixed with Japan's Nikkei 225 down 49.66 (-0.23%) and China's Shanghai Composite up 25.62 points (0.85%). European markets are mixed with London's FTSE 100 up 7.76 points (0.11%), Germany's DAX down 2.06 points (-0.02%) and France's CAC 40 down 5.61 points (-0.11%). The June Euro is down 0.000 at 1.140 and the June U.S. dollar index is up 0.030 at 96.255. The June 30-Year T-Bond is up 13/32nds, while April gold is up $1.10 at $1,316.10 and May crude oil is down $0.12 at $59.82. Soybeans on China's Dalian Exchange were up 0.24% while soybean meal was down -0.2%.