DTN Early Word Grains 02/08 05:53

DTN Early Word Grains 02/08 05:53 Grains Mixed Early Thursday March corn was unchanged, March soybeans were 3 cents higher, and July Kansas City (HRW) wheat was 2 cents lower. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: March corn was unchanged, March soybeans were 3 cents higher, and July Kansas City (HRW) wheat was 2 cents lower. CME Globex Recap: Soybeans were able to rally again overnight while corn and wheat sagged slightly. The latter (wheat) wasn't too surprising given its strong double-digit gain in Chicago and Kansas City Wednesday. The U.S. dollar was stronger again overnight, putting pressure on both metals and energies. DJIA futures were also down again. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 19.42 points lower at 24,893.35, the NASDAQ Composite lost 63.90 points (0.9%) to 7,051.98, and the S&P 500 dropped 13.48 points (0.5%) to 2,681.66 Wednesday. DJIA futures were 61 points lower early Thursday morning. Asian markets closed mostly higher with Japan's Nikkei 225 up 245.49 points (1.1%), Hong Kong's Hang Seng gained 128.07 points (0.4%), and China's Shanghai Composite off 47.21 points (1.4%). European markets were trading lower with London's FTSE 100 down 59.63 points (0.8%), Germany's DAX off 134.29 points (1.1%), and France's CAC 40 losing 43.36 points (0.8%). The euro was 0.0026 lower at 1.2238 as the U.S. dollar index gained 0.13 to 90.47. March 30-year T-Bonds were 8/32 lower at 144'12 while April gold dipped $1.70 to $1,312.90. Crude oil was $0.35 lower at $61.44 and Brent crude slipped $0.36 to $65.15. China's Dalian soybean and Malaysian palm oil futures were both higher again overnight.