DTN Early Word Grains 06/12 05:56

DTN Early Word Grains 06/12 05:56 Row Crops Start with Early Bounce July corn was up 3 1/4 cents, July soybeans were up 7 1/2 cents, and July Kansas City (HRW) wheat was up 1/4 cent. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: July corn was up 3 1/4 cents, July soybeans were up 7 1/2 cents, and July Kansas City (HRW) wheat was up 1/4 cent. CME Globex Recap: World stock markets were mostly higher and the U.S. dollar index roughly steady after the U.S. and North Korea signed an agreement aimed at denuclearizing the Korean peninsula. Outside commodities were mixed with gold a little lower and crude oil a little higher. After encountering sharp selling in early June, corn and soybeans were starting higher early Tuesday, possible profit-taking ahead of Tuesday's 11 a.m. CDT WASDE report. OUTSIDE MARKETS: Monday's trading saw the Dow Jones Industrial Average close up 5.78 points at 25,322.31 and the S&P 500 up 2.97 points to 2,782.00, while the 10-year Treasury yield ended at 2.96%. Early Tuesday, DJIA futures were down 26 points. Asian markets were higher with Japan's Nikkei 225 up 74.31 points (0.3%) and China's Shanghai Composite up 27.02 points (0.9%). European markets were mixed with London's FTSE 100 down 22.76 points (-0.3%), Germany's DAX up 1.45 points (0.1%), and France's CAC 40 down 11.15 points (-0.2%). The euro was up 0.0005 and the U.S. dollar index was down 0.08 to 93.53. June 30-year T-Bonds were steady while August gold was down $1.20 to $1,302.00 and July crude oil was up $0.16 at $66.26. China's Dalian soybeans were steady to lower and Malaysian palm oil futures were down 1.4% overnight.