DTN Early Word Grains 03/01 05:43
1 Mar 2024
DTN Early Word Grains 03/01 05:43 Soybean Prices Higher Early Friday, While Other Crops Mixed May corn was unchanged, May soybeans were up 7 cents and May KC wheat was down 3 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: May corn was unchanged, May soybeans were up 7 cents and May KC wheat was down 3 cents. CME GLOBEX RECAP: Early Friday, Dow Jones futures are trading slightly lower, while other stock markets around the world are mostly higher. Indices of manufacturing showed signs of expansion in Russia and India, while contraction continued throughout much of Europe. Grain markets are mostly higher early as traders await an announcement from the Treasury Department and four other agencies, regarding the requirements for Sustainable Aviation Fuel. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average up 47.37 at 38,996.39 and the S&P 500 Index up 26.51 at 5,096.27. The 10-Year Treasury yield ended at 4.25%. Early Friday, March Dow Jones futures are down 56 points. European markets are a little higher with the spot futures of the London FTSE 100 trading up 0.57%, spot futures of Germany's DAX trading up 0.39% and spot futures of France's CAC Index trading up 0.11%. Asian markets are also higher with Japan's Nikkei 225 index up 1.90% and China's Shanghai Composite Index up 0.39%.