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DTN Early Word Grains 08/22 05:26

22 Aug 2023
DTN Early Word Grains 08/22 05:26 Corn, Soybean Prices Mixed Early, Still Facing Hot Temperatures December corn was up 1 cent, November soybeans were down 2 cents and December KC wheat was up 7 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn was up 1 cent, November soybeans were down 2 cents and December KC wheat was up 7 cents. CME GLOBEX RECAP: Early Tuesday, Dow Jones futures are trading a little higher, in line with stocks in Europe and Asia. On Monday, Reuters reported S&P Global credit ratings for several banks, noting higher interest rates are weighing on the liquidity and profitability of many banks. A report on U.S. existing home sales for July is set for 9:90 a.m. CDT Tuesday, the only significant report of the day. OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial Average down 36.97 at 34,463.69 and the S&P 500 Index up 30.06 at 4,399.77. The 10-Year Treasury yield ended at 4.34%. Early Tuesday, September Dow Jones futures are up 47 points. European markets are higher with the spot futures of the London FTSE 100 trading up 0.37%, spot futures of Germany's DAX trading up 0.95% and spot futures of France's CAC Index trading up 1.06%. Asian markets are xxx with Japan's Nikkei 225 index up 0.92% and China's Shanghai Composite Index up 0.88%.