DTN Early Word Grains 07/10 05:56

DTN Early Word Grains 07/10 05:56 Grains are Green, at Least on the Screen December corn was 8 cents higher, November soybeans were 20 cents higher, and September Kansas City (HRW) wheat was 13 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 8 cents higher, November soybeans were 20 cents higher, and September Kansas City (HRW) wheat was 13 cents higher. CME Globex Recap: Grains opened Sunday evening's session higher and never faltered through early Monday morning. Minneapolis spring wheat once again led the charge, followed closely by soybeans, then winter wheat, and finally corn. On the other hand outside markets were trading higher Sunday evening before losing bullish momentum overnight. Continued strength in the U.S. dollar brought sellers back to metals and energies, while softs were mostly higher. Cotton was one of the latter that struggled, showing a small loss Monday morning. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 94.30 points (0.4%) higher at 21,414.34, the NASDAQ Composite gained 63.61 points (1.0%) to 6,153.08, and the S&P 500 rallied 15.43 points (0.6%) to 2,425.18 Friday. DJIA futures were 6 points higher early Monday morning. Asian markets closed mostly higher with Japan's Nikkei up 151.89 points (0.8%), Hong Kong's Hang Seng gaining 159.21 points (0.6%), and China's Shanghai Composite off 5.32 points (0.2%). European markets were trading mostly higher with London's FTSE 100 up 23.60 points (0.3%), Germany's DAX up 57.95 points (0.5%), and France's CAC 40 gaining 16.43 points (0.3%). The U.S. dollar index gained 0.17 to 96.17. September 30-year T-Bonds were 16/32 higher at 152'05 while August gold lost $2.70 to $1,207.00. Crude oil was $0.32 lower at $43.91 while Brent crude fell $0.33 to $46.38. China's Dalian soybean and Malaysian palm oil futures were both higher overnight.