DTN Early Word Grains 08/24 05:56

DTN Early Word Grains 08/24 05:56 Markets Green Early Again December corn was fractionally higher, November soybeans were 3 cents higher, and December Kansas City (HRW) wheat was 1 cent higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally higher, November soybeans were 3 cents higher, and December Kansas City (HRW) wheat was 1 cent higher. CME Globex Recap: Similar to Wednesday morning, grain and oilseed markets were showing small gains early Thursday. The question is, like Wednesday, will the complex be able to stay higher through the close. The U.S. dollar is showing some strength as central bankers from around the world start a meeting Thursday in Jackson Hole, Wyoming. Gold was showing a small loss while DJIA future were higher. Crude oil was also under pressure to start the day. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 87.80 points (0.4%) lower at 21,812.09, the NASDAQ Composite lost 19.07 points (0.3%) to 6,278.41, and the S&P 500 dipped 8.47 points (0.4%) to 2,444.04 Wednesday. DJIA futures were 39 points higher early Thursday morning. Asian markets closed mixed with Japan's Nikkei down 80.87 points (0.4%), Hong Kong's Hang Seng up 116.93 points (0.4%), and China's Shanghai Composite off 16.19 points (0.5%). European markets were trading higher with London's FTSE 100 up 32.04 points (0.4%), Germany's DAX gaining 46.52 points (0.4%), and France's CAC 40 rallying 16.96 points (0.3%). The euro slipped 0.0023 to 1.1785 while the U.S. dollar index added 0.12 to 93.32. December 30-year T-Bonds were 2/32 lower at 155'06 while December gold lost $3.10 to $1,291.60. Crude oil was $0.23 lower at $48.18 while Brent crude slipped $0.16 to $52.41. China's Dalian soybean futures were lower and Malaysian palm oil futures were higher overnight.