DTN Early Word Grains 06/27 05:56

DTN Early Word Grains 06/27 05:56 Bouncing Beans December corn was 2 cents higher, November soybeans were 8 cents higher, and July Kansas City (HRW) wheat was 3 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 2 cents higher, November soybeans were 8 cents higher, and July Kansas City (HRW) wheat was 3 cents higher. CME Globex Recap: The overnight session saw soybeans bounce off recent lows, buoyed by Monday afternoon's weekly crop condition numbers from NASS. Similarly, Minneapolis spring wheat continued to move higher as well. Corn and winter wheat were more subdued, but went along for the ride anyway. Outside markets were also higher with gains seen in metals, energies and softs. Meanwhile, both the U.S. dollar index and DJIA futures were lower to start the day. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 14.79 points higher at 21,409.55, the NASDAQ Composite lost 18.10 points (0.3%) to 6,247.15, and the S&P 500 added 0.77 point to 2,439.07 Monday. DJIA futures were 17 points lower early Tuesday morning. Asian markets closed mixed with Japan's Nikkei up 71.74 points (0.4%), Hong Kong's Hang Seng off 31.90 points (0.1%), and China's Shanghai Composite adding 5.75 points (0.2%). European markets were trading mostly lower with London's FTSE 100 down 4.32 points, Germany's DAX off 51.06 points (0.4%), and France's CAC 40 down 25.40 points (0.5%). The euro was 0.0074 higher at 1.1255 while the U.S. dollar index was 0.43 lower at 96.98. September 30-year T-Bonds were 9/32 lower at 156'20 while August gold rallied $5.60 to $1,252.00. Crude oil was $0.43 higher at $43.81 while Brent crude gained $0.51 to $46.34. China's Dalian soybean futures were lower while Malaysian palm oil futures were closed again overnight.