DTN Early Word Grains 06/13 08:14

DTN Early Word Grains 06/13 08:14 Vegetable Oil Prices Higher Early Tuesday, Give Soybeans a Lift December corn is up 2, November soybeans are up 9 cents and July KC wheat is down 10 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 2, November soybeans are up 9 cents and July KC wheat is down 10 cents. CME GLOBEX RECAP: Early Tuesday, U.S. stocks are trading a little higher in line with stocks in Europe. The market is awaiting the release of the U.S. Labor Department's consumer price index for May, due out at 7:30 a.m. CDT Tuesday. The Federal Reserve will begin its two-day meeting with a rate announcement due out Wednesday at 1 p.m. OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial Average up 189.55 at 34,066.33 and the S&P 500 Index up 40.07 at 4,338.93. The 10-Year Treasury yield ended at 3.77%. Early Tuesday, June Dow Jones futures are up 13 points. European markets are a little higher with the spot futures of the London FTSE 100 trading up 0.27%, spot futures of Germany's DAX trading up 0.32% and spot futures of France's CAC Index trading up 0.34%. Asian markets are higher with Japan's Nikkei 225 index up 1.80% and China's Shanghai Composite Index up 0.15%.