DTN Early Word Grains 03/27 05:49

DTN Early Word Grains 03/27 05:49 Grain Markets Lower Wednesday Morning on Cattle Demand Worries May corn is down 4 1/4 cents per bushel, May soybeans are down 6 1/2 cents, May KC wheat is down 3 cents, May Chicago wheat is down 3 cents and May Minneapolis wheat is down 1/2 cent. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: May corn is down 4 1/4 cents per bushel, May soybeans are down 6 1/2 cents, May KC wheat is down 3 cents, May Chicago wheat is down 3 cents and May Minneapolis wheat is down 1/2 cent. CME GLOBEX RECAP: World equity markets are mixed Wednesday morning, after a very quiet session on Tuesday that had U.S. markets closing slightly lower, extending the losing streak to three days. Economic data Tuesday was mixed, with Durable Goods orders higher than traders were expecting, but with Consumer Confidence falling slightly from last month and coming in well below trader's expectations. We do not have any new economic data being released Wednesday. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average down 31.31 at 39,282.33 and the S&P 500 down 14.61 at 5,203.58, The 10-Year Treasury yield ended at 4.23%. Early Wednesday, the June Dow Jones Futures are up 158 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.38%, spot futures of Germany's DAX is trading up 0.11% and the spot futures of France's CAC 40 Index down 0.04%. Asian markets are mixed with Japan's Nikkei 225 Index up 0.9% and China's Shanghai Composite Index down 1.26%.