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DTN Early Word Grains 10/09 06:00

9 Oct 2017
DTN Early Word Grains 10/09 06:00 Markets Can't Hold Gains December corn was fractionally lower, November soybeans were 2 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 fractionally lower, November soybeans were 2 cents lower, and December Chicago (SRW) wheat was 3 cents lower. CME Globex Recap: Grain and oilseed markets opened Sunday's overnight session with contracts trading higher, but markets couldn't hold early gains. Other commodities were mixed, despite a lower U.S. dollar index. Gold posted a rally while crude oil was near unchanged. DJIA futures also rallied. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 1.72 points lower at 22,773.67 Friday. DJIA futures were 36 points higher early Monday morning. The U.S. dollar index lost 0.09 to 93.70 while December 30-year T-Bonds were 4/32 higher at 152'01. December gold gained $10.30 to $1,285.20. Crude oil was $0.05 higher at $49.34 while Brent crude dipped $0.34 to $55.28. China's Dalian soybean market was mixed while Malaysian palm oil futures were mostly higher overnight.