DTN Early Word Grains 12/28 05:55

DTN Early Word Grains 12/28 05:55 That Red You See Ain't Warmth March corn was fractionally lower, March soybeans were 4 cents lower, 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 4 cents lower, and March Chicago (SRW) wheat was 1 cent lower. CME Globex Recap: The grain and oilseed complex was glowing red early Thursday morning, but not because it was warm on another cold morning, but because markets were lower. On the other hand, most other commodity sectors were at least showing some green with softs mostly higher, energies mostly higher, and metals higher. Support, in general, came from a weaker U.S. dollar while DJIA futures continued to rally. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 28.09 points (0.1%) higher at 24,7774.30, the Nasdaq Composite gained 3.09 points to 6,939.34, and the S&P 500 added 2.12 points to 2,682.62 Wednesday. DJIA futures were 40 points higher early Thursday morning. Asian markets closed mostly higher with Japan's Nikkei 225 down 127.23 points (0.6%), Hong Kong's Hang Seng gaining 266.05 points (0.9%), and China's Shanghai Composite up 20.60 points (0.6%). European markets were trading mostly lower with London's FTSE 100 down 3.76 points, Germany's DAX off 25.69 points (0.2%), and France's CAC 40 losing 6.04 points (0.1%). The euro gained 0.0041 to 1.1929 as the U.S. dollar index fell another 0.26 to 92.74. March 30-year T-Bonds were 12/32 lower at 152'18 while February gold gained $3.50 to $1,294.90. January bitcoin (CME) was $1,120 lower at $13,570. Crude oil was $0.10 higher at $59.74 while Brent crude added $0.06 to $66.50. China's Dalian soybean and Malaysian palm oil futures were both lower overnight.