DTN Early Word Grains 07/10 06:00

DTN Early Word Grains 07/10 06:00 Corn, Soybeans a Little Higher Ahead of USDA December corn is up 1 1/4 cents, November soybeans are up 1 3/4 cents and September KC wheat is down 4 cents. Todd Hultman DTN Lead Analyst Pre-6 a.m. Globex Prices: December corn is up 1 1/4 cents, November soybeans are up 1 3/4 cents and September KC wheat is down 4 cents. CME Globex Recap: European stock markets are modestly higher early Friday, but Dow Jones futures are lower in the U.S. with investors apprehensive about the resurgence of this summer's coronavirus infections. Crude oil is trading lower, but commodities are mixed. Row crop prices continue to find support from a hot and dry forecast, while wheat prices are a little lower ahead of Friday's WASDE report from USDA, set for 11 a.m. CDT. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average down 361.19 at 25,706.09 and the S&P 500 down 17.89 at 3,152.05 while the 10-Year Treasury yield ended at 0.60%. Early Friday, September Dow Jones futures are down 150 points. Asian markets are lower with Japan's Nikkei 225 down 238.48 points (-1.0%) and China's Shanghai Composite down 67.27 points (-2.0%). European markets are higher with London's FTSE 100 up 12.27 points (0.2%), Germany's DAX up 29.73 points (0.2%) and France's CAC 40 up 7.26 points (0.1%). The September euro is down $.0008 at $1.1305. The September U.S. Dollar Index is up 0.01 at 96.68. The September 30-year T-bond is up 1 point, while August gold is up $9.40 at $1,813.20 and September crude oil is down $0.97 at $38.86. Soybeans are lower on China's Dalian Exchange, while soybean meal prices are a little higher. September palm oil is trading up 0.9%, near its highest prices in three months.