DTN Early Word Grains 06/06 05:56

DTN Early Word Grains 06/06 05:56 Row Crops Off to Lower Early Start July corn is down 1 1/4 cents, July soybeans are down 5 1/2 cents and July KC wheat is up 3 1/2 cents. By Todd Hultman DTN Lead Analyst 6:00 a.m. CME Globex: July corn is down 1 1/4 cents, July soybeans are down 5 1/2 cents and July KC wheat is up 3 1/2 cents. CME Globex Recap: Outside commodities are mostly higher early Thursday as are U.S. stock market futures and European stock markets. There is no movement on the trade front overnight with new U.S. tariffs set to be charged on Mexican goods June 10 and President Donald Trump threatening another $300 billion of tariffs on Chinese goods. OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones Industrial Average up 207.39 at 25,539.57 and the S&P 500 up 22.88 at 2,826.15, while the 10-yr Treasury yield ended at 2.12%. Early Thursday, DJIA futures are up 72 points. Asian markets are lower with Japan's Nikkei 225 down 2.06 (-0.01%) and China's Shanghai Composite down 33.62 points (-1.2%). European markets are higher with London's FTSE 100 up 41.50 points (0.6%), Germany's DAX up 50.16 points (0.4%), and France's CAC 40 up 31.22 points (0.6%). The June Euro is up 0.0005 at $1.124 and the June U.S. dollar index is down 0.06 at 97.19. The September 30-Year T-Bond is up 10/32nds, while August gold is up $7.30 at $1,340.90 and July crude oil is up $0.44 at $52.12. Soybeans and meal on China's Dalian Exchange were both lower.