DTN Early Word Grains 02/05 06:04

DTN Early Word Grains 02/05 06:04 Quiet Trade Ahead of SOTU Tuesday, WASDE Friday March corn is up 1/2 cents per bushel, March soybeans are up 1/2 cents, and March K.C. wheat is unchanged. By Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: March corn is up 1/2 cents per bushel, March soybeans are up 1/2 cents, and March K.C. wheat is unchanged. CME Globex Recap: Global equity markets were mostly higher Tuesday as solid economic data out of the eurozone supported growth forecasts in the European Union. Investors are also anxious for President Trump's State of the Union speech Tuesday night in which he could unveil additional details about the border wall and trade with China. Grains are mostly higher Tuesday as data sets slowly get repopulated and anticipation grows toward Friday's USDA reports. The trade will have a little over two hours to digest over two months' worth of data before markets close for the weekend. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average up 175.48 at 25,239.37 and the S&P 500 up 18.34 at 2,706.53 while the 10-Year Treasury yield ended at 2.724%. Early Tuesday, the March DJIA futures are up 88 points. Asian markets are lower with Japan's Nikkei 225 lower 39.32 (-0.19%) and China's Shanghai Composite is closed. European markets are higher with London's FTSE 100 up 95.51 points (1.36%), Germany's DAX up 126.27 points (1.13%) and France's CAC 40 up 48.35 points (0.97%). The March Euro is down 0.002 at 1.150 and the March U.S. dollar index is up 0.155 at 95.725. The March 30-Year T-Bond is down 9/32nds, while April gold is down $1.30 at $1,318.00 and March crude oil is up $0.37 at $54.93. The Dalian Commodity Exchange is closed.