DTN Early Word Grains 10/17 05:58

DTN Early Word Grains 10/17 05:58 No Turnaround Yet December corn was 1 cent lower, November soybeans were 4 cents lower, 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 lower, November soybeans were 4 cents lower, and December Chicago (SRW) wheat was fractionally lower. CME Globex Recap: Early Tuesday morning finds grains and oilseeds following the same path they did Monday afternoon. Soybeans and corn were lower, led once again by beans, while the wheat complex was mixed. Most other commodities were higher including softs, led by cotton, and the energies. Metals, on the other hand, were lower as gold posted a solid sell-off. The U.S. dollar index was higher again, as were DJIA futures. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 85.24 points (0.4%) higher at 22,956.96, the NASDAQ Composite gained 18.20 points (0.3%) to 6,624.00, and the S&P 500 added 4.47 points (0.2%) to 2,557.64 Monday. DJIA futures were 2 points higher early Tuesday morning. Asian markets closed mostly higher with Japan's Nikkei up 80.56 points (0.4%), Hong Kong's Hang Seng gaining 4.69 points, and China's Shanghai Composite off 6.43 points (0.2%). European markets were trading mostly lower with London's FTSE 100 up 0.38 point, Germany's DAX gaining 3.85 points, and France's CAC 40 down 1.93 points. The euro was 0.0039 lower at 1.1758 while the U.S. dollar index gained 0.22 to 93.50. December 30-year T-Bonds were 1/32 higher at 153'24 while December gold fell $12.90 to $1,290.10. Crude oil was $0.22 higher at $52.09 while Brent crude gained $0.26 to $58.08. China's Dalian soybean and Malaysian palm oil futures were lower overnight.