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DTN Early Word Grains 11/03 05:40

3 Nov 2023
DTN Early Word Grains 11/03 05:40 Crop Prices Start Quietly Early Friday, Soybeans a Little Higher December corn was down 1 cent, January soybeans were up 3 cents and December KC wheat was down 1 cent. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn was down 1 cent, January soybeans were up 3 cents and December KC wheat was down 1 cent. CME GLOBEX RECAP: Early Friday, Dow Jones futures are trading slightly lower ahead of Friday's jobs reports. At 7:30 a.m. CDT Friday, the U.S. Labor Department releases the unemployment rate for October and nonfarm payrolls with the Wall Street Journal estimating roughly 170,000 new jobs. According to CNBC.com, the market is also a little lower after Apple said it expects weaker revenue in the December quarter. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average up 564.50 at 33,839.08 and the S&P 500 Index up 79.92 at 4,317.78. The 10-Year Treasury yield ended at 4.67%. Early Friday, December Dow Jones futures are down 13 points. European markets are steady to higher with the spot futures of the London FTSE 100 trading up 0.43%, spot futures of Germany's DAX trading up 0.21% and spot futures of France's CAC Index trading up 0.02%. Asian markets are higher with Japan's Nikkei 225 index up 1.10% and China's Shanghai Composite Index up 0.71%.