DTN Early Word Grains 04/25 05:47

DTN Early Word Grains 04/25 05:47 A stalled front and a system approaching from the West will increase showers and thunderstorms across the Plains on Thursday. Severe weather will be a risk from Nebraska southward with all hazards on the table. Background winds will likely be breezy as we July corn is down 3/4 cent per bushel, July soybeans are down 7 1/4 cents, July KC wheat is down 2 cents, July Chicago wheat is steady and July Minneapolis wheat is up 3 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: July corn is down 3/4 cent per bushel, July soybeans are down 7 1/4 cents, July KC wheat is down 2 cents, July Chicago wheat is steady and July Minneapolis wheat is up 3 cents. CME GLOBEX RECAP: World equity markets are mixed, but U.S. traders are bracing for a sharply lower open in the tech-heavy NASDAQ as Meta reported earnings Wednesday and outlined an aggressive spending program on AI. This spending has Meta shares down over $60/share and this is spilling over to other tech shares Thursday morning. Wednesday's durable goods report was in line with expectations. Thursday morning, we will get initial jobless claims, inventories, and the GDP read for the 1st quarter of 2024. OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial Average down 42.77 at 38,460.92 and the S&P 500 up 1.08 at 5,071.63, The 10-Year Treasury yield ended at 4.65%. Early Thursday, the June Dow Jones Futures are down 150 points. European markets are mixed with the spot futures of London's FTSE 100 trading up 0.61%, spot futures of Germany's DAX is trading down 0.5% and the spot futures of France's CAC 40 Index down 0.66%. Asian markets are mixed with Japan's Nikkei 225 Index down 2.16% and China's Shanghai Composite Index up 0.27%.