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DTN Early Word Grains 11/13 05:35

13 Nov 2023
DTN Early Word Grains 11/13 05:35 Soybeans Higher, Wheat Lower to Start a New Week December corn was up 1/2 cent, January soybeans were up 7 cents and December KC wheat was down 5 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn was up 1/2 cent, January soybeans were up 7 cents and December KC wheat was down 5 cents. CME GLOBEX RECAP: Early Monday, Dow Jones futures are trading slightly lower after Moody's kept its U.S. credit rating at AAA Friday, but lowered the outlook from stable to negative, reported CNBC.com. USDA's weekly report of grain export inspections is set for 10 a.m. CST Monday, followed by the U.S. Treasury release of the federal budget for October at 1 p.m. and USDA's Crop Progress report at 3 p.m. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 391.16 at 34,283.10 and the S&P 500 Index up 67.89 at 4,415.24. The 10-Year Treasury yield ended at 4.63%. Early Monday, December Dow Jones futures are down 3 points. European markets are higher with the spot futures of the London FTSE 100 trading up 0.77%, spot futures of Germany's DAX trading up 0.37% and spot futures of France's CAC Index trading up 0.58%. Asian markets are a little higher with Japan's Nikkei 225 index up 0.05% and China's Shanghai Composite Index up 0.25%.