DTN Early Word Grains 09/25 05:54

DTN Early Word Grains 09/25 05:54 Seeing Red December corn was 1 cent lower, November soybeans were 5 cents lower, and December Chicago (SRW) wheat was 3 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 1 cent lower, November soybeans were 5 cents lower, and December Chicago (SRW) wheat was 3 cents lower. CME Globex Recap: The grain and oilseed complex was under pressure early Monday morning as the U.S. dollar index rallied. Other commodities were mostly higher with only crude oil, copper and cocoa showing losses. Some of the pressure in corn and soybeans might have come from weekend harvest progress, and anecdotal reports of better-than-expected yields. Still, both markets had only erased about half of Friday's rally. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 9.64 points lower at 22,349.59, the NASDAQ Composite gained 4.23 points to 6,426.92, and the S&P 500 added 1.62 points to 2,502.22 Friday. DJIA futures were 12 points lower early Monday morning. Asian markets closed mostly lower with Japan's Nikkei up 101.13 points (0.5%), Hong Kong's Hang Seng off 380.19 points (1.4%) and China's Shanghai Composite down 10.98 points (0.3%). European markets were trading mostly lower with London's FTSE 100 down 21.06 points (0.3%), Germany's DAX up 13.71 points (0.2%), and France's CAC 40 off 14.02 points (0.3%). The euro was 0.0062 lower at 1.1885 while the U.S. dollar index rallied 0.31 to 92.45. December 30-year T-Bonds were 19/32 higher at 154'22 while December gold gained $1.50 to $1,299.00. Crude oil was $0.01 lower at $50.65 while Brent crude added $0.45 to $57.31. China's Dalian soybean futures were higher and Malaysian palm oil futures were lower again overnight.