DTN Early Word Grains 01/21 05:46

DTN Early Word Grains 01/21 05:46 Grain Markets Higher on Early Disappointing Brazilian Yield Reports, Tightening World Balance Sheets March corn is up 2 1/2 cents per bushel, March soybeans are up 16 3/4 cents, March KC wheat is up 7 cents, March Chicago wheat is up 8 1/4 cents and March Minneapolis wheat is up 6 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 1/2 cents per bushel, March soybeans are up 16 3/4 cents, March KC wheat is up 7 cents, March Chicago wheat is up 8 1/4 cents and March Minneapolis wheat is up 6 cents. CME GLOBEX RECAP: World equity markets are mixed as traders try and assess the initial actions from the Trump administration while keeping an eye on market data that will influence actions from the Federal Reserve. U.S. markets are stronger to begin the week, as most of executive orders from the new President were anticipated, and there were no orders that impacted tariffs. Tariffs remained a part of President Trump's rhetoric during Monday's various speeches, but world leaders breathed a sigh of relief that there may be time for negotiation to try and influence the ultimate outcome. New data to be released this week include U.S. leading economic indicators on Wednesday, initial jobless claims on Thursday, with existing home sales, consumer sentiment, and the S&P flash PMI's on Friday. In agriculture, regular reports will be delayed a day due to Monday's holiday. Additionally, on Friday we will get the monthly cold storage report and monthly cattle on feed report. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 334.70 at 43,487.83 and the S&P 500 up 59.32 at 5,996.66. The 10-Year Treasury yield ended at 4.609%. Early Tuesday, the March Dow Jones Futures are up 137 points. European markets are mixed with the spot futures of London's FTSE 100 trading down 0.01%, spot futures of Germany's DAX is trading down 0.15% and the French CAC is up 0.11%. Asian markets are mixed with Japan's Nikkei 225 Index up 0.32% and China's Shanghai Composite Index down 0.05%.