News & Resources

DTN Early Word Grains 09/19 05:54

19 Sep 2017
DTN Early Word Grains 09/19 05:54 It's Tuesday, So That Must Mean Turnaround December corn was 1 cent higher, November soybeans were fractionally higher, and December Chicago (SRW) wheat was 2 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 1 cent higher, November soybeans were fractionally higher, and December Chicago (SRW) wheat was 2 cents higher. CME Globex Recap: Early Tuesday morning sees most commodity markets that were under pressure Monday posting small gains. Corn and soybeans were fractionally higher while wheat had rallied a couple cents. Gold and silver were slightly higher, nowhere near erasing the previous session's losses. Energies were higher and softs mixed, with cotton still struggling to find renewed buying interest. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 63.01 points (0.3%) higher at 22,331.35, the NASDAQ Composite gained 6.17 points (0.1%) to 6,454.64, and the S&P 500 gained 3.64 points (0.2%) to 2,503.87 Monday. DJIA futures were 22 points higher early Tuesday morning. Asian markets closed mostly lower with Japan's Nikkei up 389.88 points (2.0%) as it made up for the previous day's holiday, Hong Kong's Hang Seng lost 108.36 points (0.4%), and China's Shanghai Composite dipped 6.01 points (0.2). European markets were trading mixed with London's FTSE 100 up 14.74 points (0.2%), Germany's DAX down 12.49 points (0.1%), and France's CAC 40 rallying 4.64 points (0.1%). The euro was 0.0032 higher at 1.1985 and the U.S. dollar index dipped 0.13 to 91.90. December 30-year T-Bonds were 6/32 higher at 154'17 while December gold added $1.20 to $1,312.00. Crude oil was $0.40 higher at $50.31 while Brent crude gained $0.23 to $55.71. China's Dalian soybean futures were mixed and Malaysian palm oil futures were lower overnight.