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DTN Early Word Grains 10/04 05:46

4 Oct 2024
DTN Early Word Grains 10/04 05:46 Grain Markets Mixed Friday Morning as Harvest Progress is Quick, Energy Prices Provide Some Support December corn is down 2 cents per bushel, November soybeans are up 5 1/4 cents, December KC wheat is down 6 1/4 cents, December Chicago wheat is down 7 1/4 cents and December Minneapolis wheat is down 1/2 cent. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is down 2 cents per bushel, November soybeans are up 5 1/4 cents, December KC wheat is down 6 1/4 cents, December Chicago wheat is down 7 1/4 cents and December Minneapolis wheat is down 1/2 cent. CME GLOBEX RECAP: World equity markets mixed as traders brace for the U.S. Employment report that will be released at 7:30 a.m. CDT. Expectations are for that report to show a growth in jobs of about 150,000 new jobs, compared to last month that was up 142,000. The unemployment rate is expected to remain steady at 4.2%. The data on Thursday was mixed, with jobless claims a little higher than trade expectations and with factory orders weaker, but with the ISM services report much stronger than expected. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average down 184.93 at 42,011.59 and the S&P 500 down 9.60 at 5,699.94 The 10-Year Treasury yield ended at 3.85%. Early Friday, the December Dow Jones Futures are up 20 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.38%, spot futures of Germany's DAX is trading up 0.3% and the spot futures of France's CAC 40 Index up 0.46%. Asian markets are mixed with Japan's Nikkei 225 Index down 0.25% and China's Shanghai Composite Index is closed for their Golden Holiday.