News & Resources

DTN Early Word Grains 04/19 05:41

19 Apr 2023
DTN Early Word Grains 04/19 05:41 Wheat Prices Lead Grains Lower With Risk-Off Selling July corn is down 4 cents, July soybeans are down 5 cents and July KC wheat is down 13 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: July corn is down 4 cents, July soybeans are down 5 cents and July KC wheat is down 13 cents. CME GLOBEX RECAP: Early Wednesday, U.S. stock futures are starting lower, along with stocks in Asia and Europe. In the Eurozone, consumer prices were up 6.9% in March from a year ago, showing strains in the economy. The U.S. Energy Department's weekly inventory report will be out at 9:30 a.m. CDT, including ethanol production, followed by the Federal Reserve's Beige Book at 1 p.m. Wednesday's earnings reports include Morgan Stanley and Tesla. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average down 10.55 at 33,976.63 and the S&P 500 Index up 3.55 at 4,154.87. The 10-Year Treasury yield ended at 3.57%. Early Wednesday, June Dow Jones futures are down 162 points. European markets are lower with the spot futures of the London FTSE 100 trading down 0.28%, spot futures of Germany's DAX trading down 0.07% and spot futures of France's CAC Index trading down 0.15%. Asian markets are lower with Japan's Nikkei 225 index down 0.18% and China's Shanghai Composite Index down 0.68%.