DTN Early Word Grains 11/09 05:56

DTN Early Word Grains 11/09 05:56 Feeling Green December corn was fractionally higher, January soybeans were 4 cents higher, and December Chicago (SRW) wheat was unchanged. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally higher, January soybeans were 4 cents higher, and December Chicago (SRW) wheat was unchanged. CME Globex Recap: The grain and oilseed complex was trading higher, led by a strengthening uptrend in Minneapolis spring wheat and a near bullish breakout by soybeans. Corn and winter wheat were fractionally higher, par for the early morning course. From a technical point of view the overnight moves could be significant, though occurring before USDA's next round of imaginary numbers set for release at 11 am (CT) the overnight session could also be completely irrelevant. Other commodity sectors were trading mostly higher early Thursday morning. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 6.13 points higher at 23,563.36, the NASDAQ Composite gained 21.34 points (0.3%) to 6,789.12, and the S&P 500 added 3.74 points (0.1%) to 2,594.38 Wednesday. DJIA futures were 31 points lower early Thursday morning. Asian markets closed mostly higher with Japan's Nikkei 225 down 45.11 points (0.2%), Hong Kong's Hang Seng up 228.97 points (0.8%), and China's Shanghai Composite gaining 12.33 points (0.4%). European markets were trading mostly lower with London's FTSE 100 down 1.42 points, Germany's DAX off 28.13 points (0.2%), and France's CAC 40 losing 7.99 points (0.1%). The euro was 0.0013 higher at 1.1608 while the U.S. dollar index lost 0.13 to 94.75. December 30-year T-Bonds were 7/32 lower at 154'04 while December gold gained $2.20 to $1,285.90. Crude oil was $0.21 higher at $57.02 while Brent crude rallied $0.26 to $63.75. China's Dalian soybean futures were higher and Malaysian palm oil futures were lower overnight.