DTN Early Word Grains 07/19 05:46

DTN Early Word Grains 07/19 05:46 Grain Markets Higher on Demand, Bottom Picking December corn is up 1 1/2 cents per bushel, November soybeans are up 2 cents, September KC wheat is up 1 cent, September Chicago wheat is up 2 3/4 cents and September Minneapolis wheat is up 3 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is up 1 1/2 cents per bushel, November soybeans are up 2 cents, September KC wheat is up 1 cent, September Chicago wheat is up 2 3/4 cents and September Minneapolis wheat is up 3 1/2 cents. CME GLOBEX RECAP: World equity markets are mostly lower Friday morning and are reacting to world-wide internet connectivity issues that have impacted several industries including the airlines. U.S. markets were all lower on Thursday, as liquidation of technology stocks that have driven this year's strong returns created negative sentiment that spilled over to the entire equity market. Thursday's economic data was mixed, with jobless claims jumping significantly to 243,000 claims. However, the Philadelphia Fed manufacturing index was much better than expected and U.S. leading economic indicators did not fall as far as expected. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average down 533.06 at 40,665.02 and the S&P 500 down 43.68 at 5,544.59, The 10-Year Treasury yield ended at 4.19%. Early Friday, the September Dow Jones Futures are down 70 points. European markets are lower with the spot futures of London's FTSE 100 trading down 0.5%, spot futures of Germany's DAX is trading down 0.75% and the spot futures of France's CAC 40 Index down 0.57%. Asian markets are mixed with Japan's Nikkei 225 Index down 0.16% and China's Shanghai Composite Index up 0.17%.