DTN Early Word Grains 07/05 05:58

DTN Early Word Grains 07/05 05:58 Commodities Broadly Mixed Ahead of New Tariffs December corn was up 5 1/4 cents, November soybeans were down 5 1/4 cents, and September Kansas City (HRW) wheat was up 13 1/4 cents. (Tuesday's close) By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 5 1/4 cents, November soybeans were down 5 1/4 cents, and September Kansas City (HRW) wheat was up 13 1/4 cents. (Tuesday's close) CME Globex Recap: With new rounds of tariffs from the U.S. and China set to be sprung on Friday, Asian stock markets are lower while U.S. and European stocks are trading higher. Commodities are broadly mixed with August crude oil modestly higher. U.S. grain futures begin trading again at 8:30 a.m. CDT. OUTSIDE MARKETS: Previous closes on Tuesday showed the Dow Jones Industrial Average down 132.36 points at 24,174.82 and the S&P 500 down 13.49 points at 2,713.22 while the 10-year Treasury yield ended at 2.84%. Early Thursday, DJIA futures were up 137 points. Asian markets are lower with Japan's Nikkei 225 down 170.05 points (-0.8%) and China's Shanghai Composite up 25.24 (-0.9%). European markets are higher with London's FTSE 100 up 33.25 points (0.4%), Germany's DAX up 153.27 points (1.2%), and France's CAC 40 up 49.33 points (0.9%). The euro was up 0.0031 and the U.S. dollar index was down 0.12 at 94.41. September 30-year T-Bonds were down 12/32nds while August gold was down $0.90 at $1,252.60 and August crude oil was up $0.39 at $74.53. Soybeans on China's Dalian Exchange were steady to lower and Malaysian palm oil futures were down 0.8%.