DTN Early Word Grains 12/06 05:49
6 Dec 2024
DTN Early Word Grains 12/06 05:49 Grain Markets Quiet, Mixed After Strong Session Thursday March corn is up 1/4 cent per bushel, January soybeans are down 1/2 cent, March KC wheat is down 1 3/4 cents, March Chicago wheat is down 2 cents and March Minneapolis wheat is down 3 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is up 1/4 cent per bushel, January soybeans are down 1/2 cent, March KC wheat is down 1 3/4 cents, March Chicago wheat is down 2 cents and March Minneapolis wheat is down 3 3/4 cents. CME GLOBEX RECAP: World equity markets are mixed after a profit taking session on Thursday in the U.S. With the closes on Wednesday at new record highs for both the S&P and the DJIA, traders took a breather on Thursday ahead of the very important employment report that will be released Friday morning at 7:30 a.m. CST. That report is expected to show job growth of 214,000 jobs and a slightly higher unemployment rate at 4.2%. A report with data much better than that could keep the Fed from lowering rates at their meeting later this month. OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial Average down 248.33 at 44,765.71 and the S&P 500 down 11.38 at 6,075.11. The 10-Year Treasury yield ended at 4.18%. Early Friday, the December Dow Jones Futures are down 51 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.03%, spot futures of Germany's DAX is trading up 0.19% and the spot futures of France's CAC 40 Index up 1.27%. Asian markets are mixed with Japan's Nikkei 225 Index down 0.77% and China's Shanghai Composite Index up 1.05%.