DTN Early Word Grains 08/04 05:55

DTN Early Word Grains 08/04 05:55 Good Morning Starshine December corn was 3 cents higher, November soybeans were unchanged, and September Chicago (SRW) wheat was 3 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 3 cents higher, November soybeans were unchanged, and September Chicago (SRW) wheat was 3 cents higher. CME Globex Recap: There weren't many surprises overnight in the grain and oilseed complex with corn and wheat posting small gains through early Friday morning while soybeans stabilized. Outside markets were mixed with softs mostly higher, metals higher, and energies lower. The U.S. dollar index turned lower once again while higher DJIA futures indicate the big board could continue on its record setting run. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 9.86 points higher at 22,026.10, the NASDAQ Composite dipped 22.30 points (0.4%) to 6,340.34, and the S&P 500 lost 5.41 points (0.2%) to 2,472.16 Thursday. DJIA futures were 34 points higher early Friday morning. Asian markets closed mixed with Japan's Nikkei down 76.93 points (0.4%), Hong Kong's Hang Seng gaining 31.67 points (0.1%), and China's Shanghai Composite off 10.85 points (0.3%). European markets were trading mostly higher with London's FTSE 100 up 0.62 point, Germany's DAX adding 14.48 points (0.1%), and France's CAC 40 up 5.49 points (0.1). The euro was 0.0008 higher at 1.1878 while the U.S. dollar index dipped 0.06 to 92.73. September 30-year T-Bonds were 1/32 lower at 154'31 while December gold gained $1.30 to $1,275.70. Crude oil was $0.35 lower at $48.68 while Brent crude lost $0.37 to $51.64. China's Dalian soybean futures were lower and Malaysian palm oil futures were higher overnight.