DTN Early Word Grains 12/01 05:55

DTN Early Word Grains 12/01 05:55 And Winter has Begun March corn was 1 cent higher, January soybeans were 3 cents higher, and March Chicago (SRW) was 2 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent higher, January soybeans were 3 cents higher, and March Chicago (SRW) was 2 cents higher. CME Globex Recap: Friday, December 1 is the first day of meteorological winter and grain and oilseed markets seemed to be paying attention to long-term patterns on monthly charts. The complex in general saw solid buying overnight, led by soybeans. Other commodities were mixed with softs lower, energies higher, and metals mostly higher. The U.S. dollar index was under pressure while DJIA futures were off almost 100 points early Friday morning following the latest twist in U.S. tax reform: A delayed Senate vote due to concerns over the deficit. Stay tuned to DTN for up to date coverage. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 331.67 points (1.4%) higher at 24,272.35, the NASDAQ Composite gained 49.58 points (0.7%) to 6,873.97, and the S&P 500 rallied 21.51 points to 2,647.58 Thursday. DJIA futures were 98 points lower early Friday morning. Asian markets closed mixed with Japan's Nikkei 225 up 94.07 points (0.4%), Hong Kong's Hang Seng down 103.11 points (0.4%), and China's Shanghai Composite adding 0.43 point. European markets were trading lower with London's FTSE 100 down 35.33 points (0.5%), Germany's DAX off 185.81 points (1.4%), and France's CAC 40 losing 61.70 points (1.1%). The euro slipped 0.0001 to 1.1903 as the U.S. dollar index dipped 0.08 to 92.99. March 30-year T-Bonds were 1'1/32 higher at 152'24 while February gold gained $3.20 to $1,279.90. Crude oil was $0.36 higher at $57.76 while Brent crude added $0.46 to $64.09. China's Dalian soybean futures were lower and Malaysian palm oil futures were higher again overnight.