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DTN Early Word Grains 12/27 06:01

27 Dec 2017
DTN Early Word Grains 12/27 06:01 Hot Beans on a Cold Morning March corn was fractionally lower, March soybeans were 3 cents higher, and March Chicago (SRW) wheat was 1 cent lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was fractionally lower, March soybeans were 3 cents higher, and March Chicago (SRW) wheat was 1 cent lower. CME Globex Recap: Soybeans were higher again overnight, while corn and wheat markets were quietly mixed. Corn found itself fractionally lower again early Wednesday morning, unable to find spillover buying interest from the oilseed complex. Other commodities were mixed with softs mostly higher, energies mostly lower and metals mostly higher. The U.S. dollar index was lower while DJIA futures traded higher. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 7.85 points lower at 24,746.21, the Nasdaq Composite lost 23.71 points (0.3%) to 6,936.36, and the S&P 500 dipped 2.84 points (0.1%) to 2,680.50 Tuesday. DJIA futures were 13 points higher early Wednesday morning. Asian markets closed mostly higher with Japan's Nikkei 225 up 18.52 points, Hong Kong's Hang Seng gaining 19.65 points, and China's Shanghai Composite off 30.34 points (0.9%). European markets were trading mostly higher with London's FTSE 100 up 15.43 points (0.2%), Germany's DAX gaining 10.83 points, and France's CAC 40 up 4.91 points. The euro added 0.0023 to 1.1881 as the U.S. dollar index lost 0.20 to 93.10. March 30-year T-Bonds were unchanged at 151'20 while February gold gained $3.10 to $1,290.60. January bitcoin (CME) was $90 lower at $15,695. Crude oil was $0.40 lower at $59.57 while Brent crude lost $0.74 to $66.28. China's Dalian soybean futures were lower while Malaysian palm oil futures were higher overnight.