DTN Early Word Grains 07/03 07:12

DTN Early Word Grains 07/03 07:12 A Mixed Start for U.S. Crop Prices Early Wednesday December corn was down 1 cent, November soybeans were up 3 cents and September KC wheat was down 2 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn was down 1 cent, November soybeans were up 3 cents and September KC wheat was down 2 cents. CME GLOBEX RECAP: Reports of U.S. weekly jobless claims and the U.S. trade deficit will be out at 7:30 a.m. CDT Wednesday, followed by May U.S. factory orders at 9 a.m. The U.S. Energy Department's weekly energy inventory report is set for 9:30 a.m. and the natural gas storage report follows at noon. U.S. stock market exchanges close early, at 12:15 p.m. CDT. Grain and livestock futures close at their normal times Wednesday and U.S. markets are closed on Thursday, Independence Day. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average up 162.33 at 39,331.85 and the S&P 500 Index up 33.92 at 5,509.01. The 10-Year Treasury yield ended at 4.44%. Early Wednesday, September Dow Jones futures are up 45 points. European markets are higher with the spot futures of the London FTSE 100 trading up 0.51%, spot futures of Germany's DAX trading up 0.80% and spot futures of France's CAC Index trading up 1.04%. Asian markets are mixed with Japan's Nikkei 225 index up 1.26% and China's Shanghai Composite Index down 0.49%.