DTN Early Word Grains 09/27 05:55

DTN Early Word Grains 09/27 05:55 Lower Again Early Wednesday December corn was 2 cents lower, November soybeans were 1 cent lower, and December Chicago (SRW) wheat was 4 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 2 cents lower, November soybeans were 1 cent lower, and December Chicago (SRW) wheat was 4 cents lower. CME Globex Recap: Except for soybean oil and Minneapolis spring wheat the grain and oilseed complex was lower again early Wednesday morning. Outside commodities were mostly lower as well with selling seen in cotton, crude oil, and gold. Many of the other softs rallied, while natural gas and copper posted gains. The U.S. dollar continued to show strength. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 11.77 points lower at 22,284.32, the NASDAQ Composite gained 9.57 points (0.1%) to 6,380.16, and the S&P 500 added 0.18 point to 2,496.84 Tuesday. DJIA futures were 2 points higher early Wednesday morning. Asian markets closed mixed with Japan's Nikkei down 63.14 points (0.3%), Hong Kong's Hang Seng gaining 129.42 points (0.4%), and China's Shanghai Composite up 1.69 points. European markets were trading mostly higher with London's FTSE 100 up 14.58 points (0.2%), Germany's DAX gaining 64.53 points (0.5%), and France's CAC 40 rallying 9.42 points (0.2%). The euro was 0.0037 lower at 1.1748 while the U.S. dollar index rallied 0.34 to 93.35. December 30-year T-Bonds were 1 4/32 lower at 153'21 while December gold fell $8.60 to $1,292.10. Crude oil was $0.10 lower at $51.78 while Brent crude lost $0.50 to $57.94. China's Dalian soybean futures were higher and Malaysian palm oil futures were mixed overnight.