DTN Early Word Grains 01/09 05:57

DTN Early Word Grains 01/09 05:56 Grains Experience Crimson Tide Overnight March corn was up 3/4 cent, March soybeans were down 3 1/4 cents, and March Chicago (SRW) wheat was down 1 cent. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was up 3/4 cent, March soybeans were down 3 1/4 cents, and March Chicago (SRW) wheat was down 1 cent. CME Globex Recap: Overnight trading saw the March U.S. dollar index working toward a third consecutive close higher while grains were mostly red, their own version of the Crimson Tide. Outside commodities were mixed and fairly quiet. Much of the Midwest will experience mild temperatures Tuesday, another favorable day of moving grain for those so inclined. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 12.87 points lower (-0.05%) at 25,283.00, the NASDAQ Composite gained 20.83 points (0.3%) to 7,157.39, and the S&P 500 added 4.56 points (0.2%) to 2,747.71 Monday. DJIA futures were up 34 points early Tuesday morning. Asian markets were higher with Japan's Nikkei 225 up 135.46 points (0.6%), Hong Kong's Hang Seng gaining 111.88 points (0.4%), and China's Shanghai Composite rallying 4.42 points (0.1%). European markets were also trading higher with London's FTSE 100 up 27.25 points (0.35%), Germany's DAX up 27.36 points (0.2%), and France's CAC 40 gaining 29.84 points (0.5%). The euro is down 0.0035 to 1.1977 as the U.S. dollar index is trading up 0.20 at 92.30. March 30-year T-Bonds are down 13/32nds at 151'10 while February gold is down $4.70 at $1,315.70. Crude oil is $0.09 higher at $61.82 while Brent crude is down $0.05 at $67.73. China's Dalian soybean were higher and Malaysian palm oil futures was down 28 ringgits (-1.1%) overnight.