DTN Early Word Grains 02/15 06:04

DTN Early Word Grains 02/15 06:04 Commodities Mostly Higher, U.S. Dollar Stays Soft March corn was 1/4 cent higher, March soybeans were 1 1/4 cents higher, and July Kansas City (HRW) wheat was 1 3/4 cents higher By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: March corn was 1/4 cent higher, March soybeans were 1 1/4 cents higher, and July Kansas City (HRW) wheat was 1 3/4 cents higher CME Globex Recap: So far on Thursday, trading in grains is quiet with most commodity prices starting a little above Wednesday's closes and the world's stock markets trading higher. Grains may not stay quiet however, after a busy day of reports that includes weekly export sales and a monthly crush estimate from NOPA. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 253.04 points (1.0%) higher at 24,893.49, the NASDAQ Composite gained 130.11 points (1.9%) to 7,143.62, and the S&P 500 was up 35.69 points (1.3%) to 2,698.63 Wednesday. DJIA futures were 229 points higher early Thursday morning. Asian markets were higher with Japan's Nikkei 225 up 310.81 points (1.5%), Hong Kong's Hang Seng up 599.83 points (2.0%), and China's Shanghai Composite up 14.20 points (0.4%). European markets were also higher with London's FTSE 100 up 42.95 points (0.6%), Germany's DAX up 115.38 points (0.9%), and France's CAC 40 up 77.86 points (1.5%). The euro was 0.0044 higher at 1.2485 while the U.S. dollar index was down 0.25 at 88.76. March 30-year T-Bonds were 3/32 lower at 143'09 while April gold was down $1.60 to $1,356.40. Crude oil was $0.31 higher at $60.82 and Brent crude was up $0.05 at $64.41. China's Dalian soybean futures were unreported, likely due to China's New Year, and Malaysian palm oil futures was up 0.2% overnight.