DTN Early Word Grains 10/25 05:52

DTN Early Word Grains 10/25 05:52 Markets Get the Green Light Again December corn was fractionally higher, November soybeans were 7 cents higher, and December Chicago (SRW) wheat was 1 cent higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally higher, November soybeans were 7 cents higher, and December Chicago (SRW) wheat was 1 cent higher. CME Globex Recap: The grain and oilseed complex was higher again early Wednesday morning, this time with soybeans showing the largest move. The rest of the commodity complex was mixed with December cotton slightly higher, energies mixed and metals lower overnight. The U.S. dollar index was slightly lower while DJIA futures continued to rally. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 167.80 points (0.7%) higher at 23,441.76, the NASDAQ Composite gained 11.60 points (0.2%) to 6,598.43, and the S&P 500 rallied 4.15 points (0.2%) to 2,569.13 Tuesday. DJIA futures were 2 points higher early Wednesday morning. Asian markets closed mostly higher with Japan's Nikkei down 97.55 points (0.5%), Hong Kong's Hang Seng up 147.92 points (0.5%), and China's Shanghai Composite gaining 8.65 points (0.3%). European markets were trading mostly higher with London's FTSE 100 off 19.13 points (0.2%), Germany's DAX gaining 5.67 points and France's CAC 40 adding 13.59 points (0.3%). The euro was 0.0008 higher at 1.1769 while the U.S. dollar index dipped 0.02 to 93.91. December 30-year T-Bonds were 23/32 lower at 150'31 while December gold fell $5.10 to $1,273.20. Crude oil was $0.24 lower at $52.23 while Brent crude slipped $0.13 to $58.20. China's Dalian soybean futures were mixed and Malaysian palm oil futures were higher overnight.