DTN Early Word Grains 02/18 05:47

DTN Early Word Grains 02/18 05:47 Corn Futures Slightly Higher, Soy and Wheat Down as Trade Resumes After Monday Pause March corn is up 2 cents and March soybeans are down 3/4 cents. March KC wheat is down 4 1/2 cents, March Chicago wheat is down 2 3/4 cents, and March Minneapolis wheat is down 2 3/4 cents. Rhett Montgomery DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 cents and March soybeans are down 3/4 cents. March KC wheat is down 4 1/2 cents, March Chicago wheat is down 2 3/4 cents, and March Minneapolis wheat is down 2 3/4 cents. CME GLOBEX RECAP: Grain markets are mixed as trade picks up following Monday's pause in observance of President's Day, with corn futures having recovered from short losses overnight to trade a couple cents higher while soybean and wheat markets are down, although both are off their nightly lows as of Tuesday morning. Tuesday's news slate will include U.S. grain export inspections at 10 a.m. CST, otherwise grain markets are likely to pick up where last week left off with a weather focused trade on both South America but also on the frigid cold weather throughout the U.S. Midwest. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average down 165.35 points to 44,546.08 and the S&P 500 Index down 0.44 at 6,114.63. The 10-Year Treasury yield ended at 4.47%. Early Tuesday, March Dow Jones futures are up 59 points. European markets are mixed and quiet with the spot futures of the London FTSE 100 trading up 0.10%, spot futures of Germany's DAX trading down 0.14% and spot futures of France's CAC Index trading up 0.12%. Asian markets are mixed as well with Japan's Nikkei 225 index up 0.25% and China's Shanghai Composite Index down 0.93%.