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DTN Early Word Grains 11/27 10:03

27 Nov 2023
DTN Early Word Grains 11/27 10:03 Crop Prices Start a Little Higher Early Monday EARLY MORNING GLOBEX NET CHANGES: March corn was unchanged, January soybeans were up 5 cents and March KC wheat was up 2 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: March corn was unchanged, January soybeans were up 5 cents and March KC wheat was up 2 cents. CME GLOBEX RECAP: Early Monday, Dow Jones futures are lower with some concerns about consumer spending even though Forbes reported Black Friday sales hit a new record high of $9.8 billion and shopper traffic to stores was 2% to 5% higher than a year ago. Back from the weekend, traders will continue to keep watch over South American weather. A report on new U.S. home sales in October will be out at 9 a.m. CST Monday, followed by USDA's weekly report of grain export inspections at 10 a.m. and Crop Progress at 3 p.m. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 117.12 at 35,390.15 and the S&P 500 Index up 2.72 at 4,559.34. The 10-Year Treasury yield ended at 4.47%. Early Monday, December Dow Jones futures are down 30 points. European markets are a little lower with the spot futures of the London FTSE 100 trading down 0.36%, spot futures of Germany's DAX trading down 0.30% and spot futures of France's CAC Index trading down 0.15%. Asian markets are also lower with Japan's Nikkei 225 index up 0.53% and China's Shanghai Composite Index down 0.30%.