DTN Early Word Grains 05/13 05:56

DTN Early Word Grains 05/13 05:56 Grain Markets Lower as Traders Evaluate Potential Planting Windows July corn is down 2 1/4 cents per bushel, July soybeans are down 4 cents, July KC wheat is down 3 3/4 cents, July Chicago wheat is down 1 1/2 cents and July Minneapolis wheat is down 1 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: July corn is down 2 1/4 cents per bushel, July soybeans are down 4 cents, July KC wheat is down 3 3/4 cents, July Chicago wheat is down 1 1/2 cents and July Minneapolis wheat is down 1 1/2 cents. CME GLOBEX RECAP: World equity markets are mixed Monday morning, with the U.S. markets higher overnight. Last week was a quiet week of trade, as U.S. economic data was light, and many different members of the Federal Reserve spoke. Their opinions represented a broad range of views on future interest rate direction, and that left traders uncertain about the timing of the 1st interest rate cut. After a very light week of economic data, this week is very busy. There are no major reports on Monday, but the Producer Price Index (PPI) and core PPI data will be released on Tuesday. Wednesday is very busy with the Consumer Price Index (CPI), core CPI, Retail Sales, the Empire State Manufacturing Survey, and the Home Builder confidence index. Thursday is initial jobless claims, Housing Starts, Building Permits, Industrial production, and Capacity Utilization. Finally, on Friday we get the U.S. leading economic indicators. In Agriculture, we will get export inspections on Monday, NOPA crush numbers and weekly ethanol production on Wednesday, and export sales on Thursday. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 125.08 at 39,512.84 and the S&P 500 up 8.60 at 5,222.68, The 10-Year Treasury yield ended at 4.688%. Early Monday, the June Dow Jones Futures are up 13 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.02%, spot futures of Germany's DAX is trading down 0.14% and the spot futures of France's CAC 40 Index up 0.01%. Asian markets are lower with Japan's Nikkei 225 Index down 0.13% and China's Shanghai Composite Index down 0.21%.