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DTN Early Word Grains 07/23 05:57

23 Jul 2018
DTN Early Word Grains 07/23 05:57 Grains a Little Higher in Summertime December corn was up 1 1/4 cents, November soybeans were up 3/4 cent, and September Kansas City (HRW) wheat was up 3 1/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 1 1/4 cents, November soybeans were up 3/4 cent, and September Kansas City (HRW) wheat was up 3 1/4 cents. CME Globex Recap: Major stock markets are a little lower early Monday and outside commodities are mixed -- a fairly quiet start to the week after concerns about trade tensions were expressed over the weekend at the meeting of G-20 nations in Argentina. Grains are starting a little higher after a mostly dry weekend. OUTSIDE MARKETS: Previous closes on Friday showed the Dow Jones Industrial Average down 6.38 points at 25,058.12 and the S&P 500 down 2.66 points at 2,801.83 while the 10-year Treasury yield ended at 2.89%. Early Monday, DJIA futures were down 15 points. Asian markets are mixed with Japan's Nikkei 225 down 300.89 (-1.3%) and China's Shanghai Composite up 30.27 (+1.1%). European markets are a little lower with London's FTSE 100 down 20.11 points (-0.3%), Germany's DAX down 10.43 points (-0.1%), and France's CAC 40 down 19.84 points (-0.4%). The euro was down .0030 and the U.S. dollar index was up 0.08 at 94.56. September 30-year T-Bonds were up 2/32nds while August gold was down $2.30 at $1,228.80 and September crude oil was up $0.33 at $68.59. Soybeans on China's Dalian Exchange were steady to lower and Malaysian palm oil futures were down 1.2%.