DTN Early Word Grains 09/08 05:16
8 Sep 2023
DTN Early Word Grains 09/08 05:16 Soybean, Wheat Prices Lower Ahead of Export Sales Report December corn was down 1 cent, November soybeans were down 3 1/2 cents and December KC wheat was down 4 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn was down 1 cent, November soybeans were down 3 1/2 cents and December KC wheat was down 4 cents. CME GLOBEX RECAP: Early Friday, Dow Jones futures are trading lower, in line with Europe. Traders are cautious ahead of next week's report on U.S. consumer prices and the next Fed meeting, set for later this month. USDA's weekly export sales report is due out at 7:30 a.m. Friday and will have the final tallies for corn and soybean exports in 2022-23. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average up 57.54 at 34,500.73 and the S&P 500 Index down 14.34 at 4,451.14. The 10-Year Treasury yield ended at 4.26%. Early Friday, September Dow Jones futures are down 49 points. European markets are lower with the spot futures of the London FTSE 100 trading down 0.30%, spot futures of Germany's DAX trading down 0.58% and spot futures of France's CAC Index trading down 0.59%. Asian markets are xxx with Japan's Nikkei 225 index down 1.16% and China's Shanghai Composite Index down 0.18%.