DTN Early Word Grains 06/11 05:51

DTN Early Word Grains 06/11 05:51 Grains Markets Mixed With Focus on USDA Condition Reports, Hot Forecast July corn is up 1/2 cent per bushel, July soybeans are down 5 1/4 cents, July KC wheat is down 3 3/4 cents, July Chicago wheat is down 1 1/4 cents and July Minneapolis wheat is up 1 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: July corn is up 1/2 cent per bushel, July soybeans are down 5 1/4 cents, July KC wheat is down 3 3/4 cents, July Chicago wheat is down 1 1/4 cents and July Minneapolis wheat is up 1 3/4 cents. CME GLOBEX RECAP: U.S. and European markets are lower as the Federal Reserve begins its June meeting Tuesday. Monday's session resulted in new lifetime high closes for the S&P 500 and the NASDAQ. Traders are concerned about Apple, as their announcement about the AI integration into new product releases was not taken well by the marketplace. The only new data point Tuesday will be the NFIB optimism index. Wednesday will be an important day with both CPI data and the Federal Reserve decision and press conference. OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial Average up 69.05 at 38,868.04 and the S&P 500 up 13.80 at 5,360.79. The 10-Year Treasury yield ended at 4.47%. Early Tuesday, the June Dow Jones Futures are down 137 points. European markets are lower with the spot futures of London's FTSE 100 trading down 0.72%, spot futures of Germany's DAX is trading down 0.64% and the spot futures of France's CAC 40 Index down 0.81%. Asian markets are mixed/higher/lower with Japan's Nikkei 225 Index up 0.25% and China's Shanghai Composite Index down 0.11%.