DTN Early Word Grains 11/15 05:54

DTN Early Word Grains 11/15 05:54 Turnaround Wednesday December corn was fractionally higher, January soybeans were 4 cents higher, and December Kansas City (HRW) wheat was 1 cent lower. 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 Kansas City (HRW) wheat was 1 cent lower. CME Globex Recap: Early Wednesday morning showed markets in the grain and oilseed complex flipped from Tuesday's close with corn, soybeans, and Minneapolis wheat higher while Chicago and Kansas City wheat were both lower. As has been the case for weeks, there was little fresh news to provide direction to the markets overnight. Other commodity sectors were mostly lower though cotton and gold were both able to post small rallies. The U.S. dollar index remained under pressure, while DJIA futures posted a triple-digit sell-off hinting at another breakdown when the Big Board opens later Wednesday morning. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 30.23 points (0.1%) lower at 23,409.47, the NASDAQ Composite lost 19.72 points (0.3%) to 6,737.87, and the S&P 500 fell 5.97 points (0.2%) to 2,578.87 Tuesday. DJIA futures were 137 points lower early Wednesday morning. Asian markets closed lower with Japan's Nikkei 225 down 351.69 points (1.6%), Hong Kong's Hang Seng off 300.43 points (1.0%), and China's Shanghai Composite down 27.02 points (0.8%). European markets were trading lower with London's FTSE 100 down 39.93 points (0.5%), Germany's DAX falling 163.67 points (1.3%0, and France's CAC 40 losing 30.42 points (0.6%). The euro was 0.0041 higher at 1.1840 while the U.S. dollar index dropped another 0.31 to 93.52. December 30-year T-Bonds were 30/32 higher at 153'26 while December gold gained $2.90 to $1,285.80. Crude oil was $0.70 lower at $55.00 while Brent crude lost $0.81 to $61.40. China's Dalian soybean futures were lower and Malaysian palm oil futures were mixed overnight.