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DTN Early Word Grains 09/27 05:47

27 Sep 2024
DTN Early Word Grains 09/27 05:47 Grain Markets Mixed With Corn, Soybeans Poised for Higher Weekly Closes December corn is steady, November soybeans are up 3 1/4 cents, December KC wheat is down 3 cents, December Chicago wheat is down 3 1/2 cents and December Minneapolis wheat is down 3 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is steady, November soybeans are up 3 1/4 cents, December KC wheat is down 3 cents, December Chicago wheat is down 3 1/2 cents and December Minneapolis wheat is down 3 cents. CME GLOBEX RECAP: World equity markets are mixed Friday morning, with U.S. markets a little lower but most world markets trading higher, catching up to Thursday's higher U.S. close. Thursday's data points were as expected or slightly better in the case of durable goods. Friday morning, we will get the PCE data and that is an important report as it is the favored inflation indicator for the Fed. Markets are quiet ahead of that release. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average up 260.36 at 42,175.11 and the S&P 500 up 23.11 at 5,745.37. The 10-Year Treasury yield ended at 3.791%. Early Friday, the December Dow Jones Futures are down 11 points. European markets are higher with the spot futures of London's FTSE 100 trading up 0.5%, spot futures of Germany's DAX is trading up 0.86% and the spot futures of France's CAC 40 Index up 0.44%. Asian markets are higher with Japan's Nikkei 225 Index up 2.32% and China's Shanghai Composite Index up 2.89%.