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DTN Early Word Grains 10/05 05:52

5 Oct 2017
DTN Early Word Grains 10/05 05:52 A Mostly Green Way to Start the Day December corn was 1 cent higher, November soybeans were 4 cents higher, and December Chicago (SRW) wheat was fractionally lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was 1 cent higher, November soybeans were 4 cents higher, and December Chicago (SRW) wheat was fractionally lower. CME Globex Recap: A continued rally in the soy complex helped pull corn and wheat higher overnight into Thursday morning. Other commodities also rallied as cotton remained strong, the energy complex was mostly higher, and metals gained ground. All while the U.S. dollar was firm overnight. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 19.97 points (0.1%) higher at 22,6661.64, the NASDAQ Composite gained 2.91 points to 6,534.63, and the S&P 500 added 3.16 points (0.1%) to 2,537.74 Wednesday. DJIA futures were 2 points higher early Thursday morning. Asian markets closed mostly higher with Japan's Nikkei up 1.90 points. European markets were trading mostly lower with London's FTSE 100 up 7.37 points (0.1%), Germany's DAX down 35.37 points (0.2%), and France's CAC 40 off 4.88 points (0.1%). The euro was 0.0001 higher at 1.1762 while the U.S. dollar index added 0.03 to 93.52. December 30-year T-Bonds were 6/32 higher at 152'24 while December gold gained $3.50 to $1,280.30. Crude oil was $0.10 higher at $50.08 while Brent crude rallied $0.38 to $56.18. China's Dalian soybean market was closed while Malaysian palm oil futures were higher again overnight.