DTN Early Word Grains 04/19 05:52

DTN Early Word Grains 04/19 05:52 Grain Markets Higher Friday Morning on Geopolitical Concerns, EPA Decision on E15 May corn is up 3 1/2 cents per bushel, May soybeans are up 2 3/4 cents, July KC wheat is up 1 1/4 cents, July Chicago wheat is up 6 1/4 cents and July Minneapolis wheat is up 5 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: May corn is up 3 1/2 cents per bushel, May soybeans are up 2 3/4 cents, July KC wheat is up 1 1/4 cents, July Chicago wheat is up 6 1/4 cents and July Minneapolis wheat is up 5 cents. CME GLOBEX RECAP: World equity markets are lower Friday morning as Israel launched a limited retaliatory attack on a military airfield in central Iran. Crude oil price initially rallied to over $86 per barrel when the attack occurred, but the limited nature of the attack has allowed crude oil futures to shed all gains and it is trading slightly lower at 5:30 a.m. CDT. This is putting pressure on world equity market this morning. Thursday's economic data was mixed, with U.S. leading economic indicators a little weaker than expected, but existing home sales a little stronger. OUTSIDE MARKETS: Previous close Thursday showed the Dow Jones Industrial Average up 22.07 at 37,775.38 and the S&P 500 down 11.09 at 5,011.12, The 10-Year Treasury yield ended at 4.65%. Early Friday, the June Dow Jones Futures are down 147 points. European markets are lower with the spot futures of London's FTSE 100 trading down 0.63%, spot futures of Germany's DAX down 0.76% and the spot futures of France's CAC 40 Index down 0.3%. Asian markets are lower with Japan's Nikkei 225 Index down 2.66% and China's Shanghai Composite Index down 0.29%.