DTN Early Word Grains 04/02 08:23

DTN Early Word Grains 04/02 08:23 Grain Markets Mixed Tuesday; US Weather a Bit Bearish, But USDA Demand Reports Strong May corn is up 1/4 cent per bushel, May soybeans are up 1 1/2 cents, May KC wheat is down 1 1/4 cents, May Chicago wheat is down 1/4 cent and May Minneapolis wheat is up 1 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: May corn is up 1/4 cent per bushel, May soybeans are up 1 1/2 cents, May KC wheat is down 1 1/4 cents, May Chicago wheat is down 1/4 cent and May Minneapolis wheat is up 1 3/4 cents. CME GLOBEX RECAP: World equity markets are mixed again Tuesday morning as data continue to show both bullish and bearish reads to the economy. Monday was a good example of where construction spending was down 0.3% compared to expectations for a 0.7% increase in spending. On the other hand, the ISM manufacturing index was much stronger than expected, with the index moving back into expansion territory with a reading of 50.3%. This helped interest rates firm Monday and the dollar firmed, as well. Stocks retreated as the potential date for a rate cut may be pushed back. Tuesday morning, we will see factory orders, job openings, and U.S. auto sales. The most important report of the week will still be the jobs report this upcoming Friday. OUTSIDE MARKETS: Previous close Monday showed the Dow Jones Industrial Average down 240.52 at 39,566.85 and the S&P 500 down 10.58 at 5,243.77. The 10-Year Treasury yield ended at 4.33%. Early Tuesday, the June Dow Jones Futures are down 136 points. European markets are mixed with the spot futures of London's FTSE 100 trading up 0.14%, spot futures of Germany's DAX down 0.37% and the spot futures of France's CAC 40 Index down 0.01%. Asian markets are mixed with Japan's Nikkei 225 Index up 0.09% and China's Shanghai Composite Index down 0.08%.