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DTN Early Word Grains 07/17 06:06

17 Jul 2018
DTN Early Word Grains 07/17 06:06 Row Crops Show Stress, Start Higher Tuesday December corn was up 3 1/4 cents, November soybeans were up 4 cents, and September Kansas City (HRW) wheat was up 6 1/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 3 1/4 cents, November soybeans were up 4 cents, and September Kansas City (HRW) wheat was up 6 1/4 cents. CME Globex Recap: Outside stock markets are mixed to a little higher, Treasury yields are unchanged and the U.S. dollar index is quiet. Most commodities are higher early Tuesday, including grains after USDA showed a small reduction in crop conditions for row crops. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average up 44.95 points at 25,064.36 and the S&P 500 down 2.88 points at 2,798.43 while the 10-year Treasury yield ended at 2.86%. Early Tuesday, DJIA futures were down 22 points. Asian markets are mixed with Japan's Nikkei 225 up 100.01 (0.4%) and China's Shanghai Composite down 15.92 (-0.6%). European markets are a little higher with London's FTSE 100 up 8.72 points (0.1%), Germany's DAX up 9.38 points (0.1%), and France's CAC 40 up 2.77 points (0.1%). The euro was up .0016 and the U.S. dollar index was up 0.13 at 94.15. September 30-year T-Bonds were down 2/32nds while August gold was up $3.50 at $1,243.20 and August crude oil was down $0.01 at $68.05. Soybeans on China's Dalian Exchange were a little higher and Malaysian palm oil futures were down 0.1%.