DTN Early Word Grains 06/20 05:55

DTN Early Word Grains 06/20 05:55 (F)Air Conditioning December corn was 1 cent higher, November soybeans were unchanged, and July Kansas City (HRW) wheat was 7 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 1 cent higher, November soybeans were unchanged, and July Kansas City (HRW) wheat was 7 cents higher. CME Globex Recap: Following NASS' latest weekly crop condition numbers released Monday afternoon, spring wheat was jolted back to life overnight. Corn never traded lower despite a slight uptick in its condition ratings, while soybeans regained what was lost late in Monday's session. Traders seem to have quickly moved on from condition data, except for spring wheat, and back to focusing on weather maps. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 144.71 points (0.7%) higher at 21,528.99, the NASDAQ Composite gained 87.25 points (1.4%) to 6,239.01, and the S&P 500 added 20.31 points (0.8%) to 2,453.46 Monday. DJIA futures were 11 points higher early Tuesday morning. Asian markets closed mostly lower with Japan's Nikkei up 162.66 points (0.8%), Hong Kong's Hang Seng losing 81.51 points (0.3%), and China's Shanghai Composite off 4.36 points (0.1%). European markets were trading mostly higher with London's FTSE 100 up 4.14 points, Germany's DAX gaining 40.21 points (0.3%), and France's CAC 40 adding 19.13 points (0.4%). The euro was 0.0016 higher at 1.1165 while the U.S. dollar index was 0.02 lower at 97.50. September 30-year T-Bonds were 12/32 higher at 155'26 while August gold rallied $1.70 to $1,248.50. Crude oil was $0.63 lower at $43.57 while Brent crude lost $0.65 to $46.26. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.