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DTN Early Word Grains 09/15 05:48

15 Sep 2023
DTN Early Word Grains 09/15 05:48 Grain Prices Mixed With Markets Seeing Little Change From Last Friday's Closing Prices December corn is up 1/4 cent per bushel, November soybeans are down 3 3/4 cents, December KC wheat is down 1 cent, December Chicago wheat is up 2 1/4 cents and December Minneapolis wheat is down 1/2 cent. By Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 1/4 cent per bushel, November soybeans are down 3 3/4 cents, December KC wheat is down 1 cent, December Chicago wheat is up 2 1/4 cents and December Minneapolis wheat is down 1/2 cent. CME GLOBEX RECAP: U.S. equity markets are higher again Friday morning after a strong session on Thursday. Traders seem to think that this week's data will support the Federal Reserve pausing any rate hikes at next week's meeting. Many still believe that one more rate hike could be coming, but that a pause next week would allow the Fed more time to monitor economic data, and potentially not raise rates further. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average up 331.58 at 34,907.11 and the S&P 500 up 37.66 at 4,505.10, The 10-Year Treasury yield ended at 4.29%. Early Friday, the December Dow Jones Futures are up 94 points. European markets are higher with the spot futures of London's FTSE 100 trading up 0.45%, spot futures of Germany's DAX is trading up 0.92% and the spot futures of France's CAC 40 Index up 1.49%. Asian markets are mixed with Japan's Nikkei 225 Index up 1.1% and China's Shanghai Composite Index down 0.28%.