DTN Early Word Grains 03/29 05:42

DTN Early Word Grains 03/29 05:42 Grain Markets Mixed; Corn & Soybeans Take a Breather While Wheat Continues to Firm May corn is up a penny, May soybeans are down a penny, and May KC wheat is up 10 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: May corn is up a penny, May soybeans are down a penny, and May KC wheat is up 10 cents. CME GLOBEX RECAP: The worries about the world banking system continue to diminish, generally lifting markets. The U.S. market had a small corrective pause Tuesday, but overnight, futures are strong once again. Firming energy prices are signaling less concern about a significant recession while indications that China is continuing to show growth coming out of its Covid lockdowns are also providing support. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average down 37.83 at 32,394.25 and the S&P 500 Index down 6.26 at 3,971.27. The 10-Year Treasury yield ended at 3.56%. Early Wednesday, June Dow Jones futures are up 231 points. European markets are higher with the spot futures of the London FTSE 100 trading up 0.63%, spot futures of Germany's DAX trading up 0.77% and spot futures of France's CAC Index trading up 1.15%. Asian markets are mixed with Japan's Nikkei 225 index up 1.33% and China's Shanghai Composite Index down 0.02%.