DTN Early Word Grains 03/10 05:31

DTN Early Word Grains 03/10 05:31 Commodity Board Mostly Lower as International Stocks Turn Lower May corn is down 1 cent, May soybeans are down 7 cents and May KC wheat is up 1 cent. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: May corn is down 1 cent, May soybeans are down 7 cents and May KC wheat is up 1 cent. CME GLOBEX RECAP: Early Friday, stock futures in the U.S. are trading lower, extending Thursday's new four-month low in the Dow Jones Industrial Average Index and having bearish influence around the world as the Fed remains ready to accelerate rate increases later this month. The U.S. Labor Department will issue February nonfarm payrolls and the unemployment report at 7:30 a.m. CST Friday morning. The U.S. Treasury will report on the February federal budget at 1 p.m. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average down 543.54 at a new four-month low of 32,254.86 and the S&P 500 Index down 73.69 at 3,918.32. The 10-Year Treasury yield ended at 3.93%. Early Friday, March Dow Jones futures are down 133 points. European markets are lower with the spot futures of the London FTSE 100 trading down 1.95%, spot futures of Germany's DAX trading down 1.60% and spot futures of France's CAC Index trading down 1.46%. Asian markets are also lower with Japan's Nikkei 225 index down 1.67% and China's Shanghai Composite Index down 1.4%.