DTN Early Word Grains 12/29 06:05

DTN Early Word Grains 12/29 06:05 Five Gold Rings March corn was 1 cent lower, March soybeans were fractionally 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 1 cent lower, March soybeans were fractionally higher, and March Chicago (SRW) wheat was 1 cent lower. CME Globex Recap: Friday morning, the fifth day of Christmas and the start of the final trading day of 2017, finds grains mostly lower. Soybeans were holding above unchanged as of this writing, while corn and wheat were lower. Other commodity sectors were supported by a weaker U.S. dollar with energies higher and metals and softs mostly higher. DJIA futures were also showing a solid gain, hinting at one last rally by U.S. equities to close out what has been a remarkable year. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 63.21 points (0.3%) higher at 24,837.51, the Nasdaq Composite gained 10.82 points (0.2%) to 6,950.16, and the S&P 500 added 4.92 points (0.2%) to 2,687.54 Thursday. DJIA futures were 60 points higher early Friday morning. Asian markets closed mostly higher with Japan's Nikkei 225 down 19.04 points, Hong Kong's Hang Seng gaining 55.44 points (0.2%), and China's Shanghai Composite up 10.79 points (0.3%). European markets were trading mostly lower with London's FTSE 100 up 28.51 points (0.4%), Germany's DAX off 48.18 points (0.4%), and France's CAC 40 down 5.07 points. The euro gained 0.0039 to 1.1981 as the U.S. dollar index fell another 0.34 to 92.33. March 30-year T-Bonds were 1/32 higher at 152'24 while February gold gained $2.10 to $1,299.30. Crude oil was $0.30 higher at $60.14 while Brent crude added $0.28 to $66.44. China's Dalian soybean and Malaysian palm oil futures were both lower again overnight.