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DTN Early Word Grains 03/20 06:06

20 Mar 2018
DTN Early Word Grains 03/20 06:06 Grains Show Small Early Gains May corn was 1/4 cent higher, May soybeans were 2 1/2 cents higher, and July Kansas City (HRW) wheat was 4 cents higher. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: May corn was 1/4 cent higher, May soybeans were 2 1/2 cents higher, and July Kansas City (HRW) wheat was 4 cents higher. CME Globex Recap: After Monday's big losses in the grain sector, Tuesday is off to a quieter start with small early gains to start the day. The June U.S. dollar index is up 0.32 and most other commodities are mixed. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 335.60 points (-1.3%) lower at 24,610.91, the NASDAQ Composite was 137.75 points (-1.8%) higher at 7,344.24, and the S&P 500 dropped 39.09 points (-1.4%) to 2,712.92 Monday. DJIA futures were 11 points lower early Tuesday morning. Asian markets were mixed with Japan's Nikkei 225 down 99.93 points (-0.5%), Hong Kong's Hang Seng up 36.17 points (0.1%), and China's Shanghai Composite up 11.39 points (.3%). European markets were also mixed with London's FTSE 100 up 13.55 points (0.2%), Germany's DAX down 2.12 points (-0.0%), and France's CAC 40 down 2.46 points (-0.1%). The euro was 0.00485 lower at 1.23950 while the U.S. dollar index was up 0.32 at 89.65. March 30-year T-Bonds were down 12/32nds at 144'05 while April gold was down $6.00 at $1,311.80. Crude oil was $0.52 higher at $62.65 as Brent crude was up $0.56 at $66.61. China's Dalian soybeans were steady to mixed and May Malaysian palm oil futures were up 0.5% overnight.