DTN Early Word Grains 11/10 05:54

DTN Early Word Grains 11/10 05:54 Overnight Lows December corn was fractionally lower, January soybeans were fractionally lower, and December Chicago (SRW) wheat was 1 cent lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: December corn was fractionally lower, January soybeans were fractionally lower, and December Chicago (SRW) wheat was 1 cent lower. CME Globex Recap: It's a cold morning across the U.S. Midwest, both temperature-wise and in regards to markets as corn threatened a move to a new low overnight. Soybeans and wheat were also under pressure as the grain and oilseed complex continues to react to Thursday's USDA reports, particularly the extremely bearish set of corn numbers. Other commodity sectors were mostly higher, with only gold lower despite a slightly weaker U.S. dollar Friday morning. DJIA futures were also down, indicating continued selling when the Big Board opens. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 101.42 points (0.4%) lower at 23,461.94, the NASDAQ Composite lost 39.07 points (0.6%) to 6,750.05, and the S&P 500 fell 9.76 points (0.4%) to 2,584.62 Thursday. DJIA futures were 44 points lower early Friday morning. Asian markets closed mostly lower with Japan's Nikkei 225 down 187.29 points (0.8%), Hong Kong's Hang Seng off 15.65 points, and China's Shanghai Composite adding 4.88 points (0.1%). European markets were trading lower with London's FTSE 100 down 22.34 points (0.3%), Germany's DAX off 17.99 points (0.1%), and France's CAC 40 losing 19.68 points (0.4%). The euro was unchanged at 1.1642 while the U.S. dollar index lost 0.05 to 94.48. December 30-year T-Bonds were 34/32 lower at 152'26 while December gold dipped $2.90 to $1,284.60. Crude oil was $0.04 lower at $57.13 while Brent crude gained $0.07 to $64.00. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.