DTN Early Word Grains 11/07 05:51

DTN Early Word Grains 11/07 05:51 Another Tuesday Turnin' Round December corn was 1 cent lower, January 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 1 cent lower, January soybeans were 2 cents lower, and December Chicago (SRW) wheat was 3 cents lower. CME Globex Recap: We are all aware of the routine by now. Whatever happens Monday seems to send markets in the opposite direction overnight into early Tuesday morning. Such is the case again this week with grains, energies, and metals all lower following Monday's rally. The U.S. dollar index and DJIA futures are stronger to start the day. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 9.23 points higher at 23,548.42, the NASDAQ Composite gained 22.00 points (0.3%) to 6,784.44, and the S&P 500 added 3.29 points (0.1%) to 2,591.13 Monday. DJIA futures were 27 point higher early Tuesday morning. Asian markets closed mostly higher with Japan's Nikkei 225 up 389.25 points (1.7%), Hong Kong's Hang Seng gaining 397.54 points (1.4%), and China's Shanghai Composite rallying 25.40 points (0.8%). European markets were trading mostly lower with London's FTSE 100 down 13.27 points (0.2%), Germany's DAX up 6.59 points, and France's CAC 40 off 7.27 points (0.1%). The euro was 0.0044 lower at 1.1566 while the U.S. dollar index added 0.33 to 95.07. December 30-year T-Bonds were 4/32 lower at 154'03 while December gold fell $4.50 to $1,277.10. Crude oil was $0.03 lower at $57.32 while Brent crude slipped $0.19 to $64.08. China's Dalian soybean futures were higher and Malaysian palm oil futures were mostly lower overnight.