DTN Early Word Grains 02/15 05:57

DTN Early Word Grains 02/15 05:57 Grains Quietly Lower as Weather Cooperates March corn was down 3/4 cent, March soybeans were down 2 3/4 cents, and March Chicago wheat was down 1 1/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: March corn was down 3/4 cent, March soybeans were down 2 3/4 cents, and March Chicago wheat was down 1 1/4 cents. CME Globex Recap: All three grains were quietly lower early Wednesday with South America's forecast giving traders no reason for concern while Brazil's harvest continues to make progress. The U.S. dollar index is up 0.26, also exerting a slight bearish influence on grain prices. OUTSIDE MARKETS: The Dow Jones Industrial Average closed up 92.25 points at 20,504.41. The NASDAQ Composite was up 18.61 points at 5,782.57 and the S&P 500 was up 9.33 points at 2,337.58 Tuesday. DJIA futures were up 17 points early Wednesday morning. Asian markets were mostly higher with Japan's Nikkei up 199 points (1.0%), Hong Kong's Hang Seng up 291.86 points (1.2%), and China's Shanghai Composite down 4.94 points (-0.15%). European markets were higher Wednesday with London's FTSE 100 up 33.05 points (0.45%), Germany's DAX up 41.60 points (0.35%), and France's CAC 40 up 22.04 points (0.45%). The U.S. dollar index was up 0.26 at 101.49 while the euro was down 0.00270 at 1.05560. March 30-year T-Bonds were down 7/32nds at 150'13 while April gold was up $1.50 at $1,226.80. March crude oil was down $0.28 at $52.92 while Brent crude was down $0.20 at $55.77. Soybeans at the Dalian Exchange are lower overnight and Malaysian palm oil futures were up 0.6%.