DTN Early Word Grains 12/11 05:56

DTN Early Word Grains 12/11 05:56 Red Rover, Red Rover, Send Bitcoin Right Over March corn was 1 cent lower, January soybeans were 7 cents lower, and March Chicago (SRW) was 5 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was 1 cent lower, January soybeans were 7 cents lower, and March Chicago (SRW) was 5 cents lower. CME Globex Recap: The highlight of the overnight session was the launch of bitcoin futures on the CME's Chicago Board Options Exchange. The crypto-currency didn't disappoint its enthusiasts, posting a $3,850 range through its first morning of trade, or roughly 22% of its value. The equivalent in corn would be a 75-cent range. Just in case you were wondering, that didn't happen overnight. The grain and oilseed complex started lower and stayed lower through early Monday morning led by soybeans. Other commodity sectors were mixed. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 117.68 points (0.5%) higher at 24,329.16, the NASDAQ Composite gained 27.24 points (0.4%) to 6,840.08, and the S&P 500 rallied 14.52 points (0.5%) to 2,651.50 Friday. DJIA futures were 50 points higher early Monday morning. Asian markets closed higher with Japan's Nikkei 225 up 127.65 points (0.6%), Hong Kong's Hang Seng rallying 325.44 points (1.1%), and China's Shanghai Composite adding 32.20 points (1.0%). European markets were trading mostly higher with London's FTSE 100 up 49.04 points (0.7%), Germany's DAX gaining 19.68 points (0.2%), and France's CAC 40 off 1.70 points. The euro rallied 0.0025 to 1.1798 as the U.S. dollar index fell 0.12 to 93.78. March 30-year T-Bonds were 8/32 higher at 153'04 while February gold gained $4.10 to $1,252.50. Crude oil was $0.26 lower at $57.10 while Brent crude dipped $0.10 to $63.30. China's Dalian soybean futures were mostly lower and Malaysian palm oil futures were lower overnight.