DTN Early Word Grains 07/14 05:57

DTN Early Word Grains 07/14 05:57 And Now, Back to Our Regularly Scheduled Weather Markets December corn was 5 cents higher, November soybeans were 7 cents higher, and September Minneapolis (HRS) wheat was 10 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 5 cents higher, November soybeans were 7 cents higher, and September Minneapolis (HRS) wheat was 10 cents higher. CME Globex Recap: This week has finally reached Friday meaning a normal weather-market weekend can commence. The overnight session saw the opening stages with grains and oilseeds rallying, with markets expected to increase in volatility over the course of the day and through next Monday. Minneapolis spring wheat quickly took the reins back as the weekend approaches with its September contract posting a double-digit gain. The rest of the complex was only 2 cents to 3 cents higher. Outside markets were also rallying, helped a little by a slightly weaker U.S. dollar index. DJIA futures were also post a small loss. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 20.95 points (0.1%) higher at 21,553.09, the NASDAQ Composite gained 13.27 points (0.2%) to 6,274.44, and the S&P 500 added 4.58 points (0.2%) to 2,447.83 Thursday. DJIA futures were 9 points lower early Friday morning. Asian markets closed mostly higher with Japan's Nikkei up 19.05 points (0.1%), Hong Kong's Hang Seng gaining 43.06 points (0.2%), and China's Shanghai Composite adding 4.25 points (0.1%). European markets were trading mixed with London's FTSE 100 down 16.63 points (0.2%), Germany's DAX off 9.22 points, and France's CAC 40 rallying 4.08 points. The euro was up 0.0017 at 1.1416 while the U.S. dollar index dipped 0.07 to 95.69. September 30-year T-Bonds were 6/32 higher at 152'12 while August gold gained $1.40 to $1,218.70. Crude oil was $0.22 higher at $46.30 while Brent crude rallied $0.25 to $46.67. China's Dalian soybean futures were lower and Malaysian palm oil futures were higher overnight.