DTN Early Word Grains 04/05 05:53

DTN Early Word Grains 04/05 05:53 Grains Green Again May corn was 1 cent higher, May soybeans were 4 cents higher, and July Kansas City (HRW) wheat was 4 cents higher. By Darin Newsom DTN Senior Analyst 6:00 a.m. CME Globex: May corn was 1 cent higher, May soybeans were 4 cents higher, and July Kansas City (HRW) wheat was 4 cents higher. CME Globex Recap: Markets in general have calmed considerably over the last 24 hours with the grain and oilseed complex higher early Thursday morning on follow-through buying. "Didn't corn and soybeans close lower Wednesday", you ask? Yes, but recall that both were trimming losses as the final bell rang. Kansas City wheat continues to be pulled higher by weather. Energies were quietly mixed while metals were mostly lower. The U.S. dollar index and DJIA futures were both higher. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 230.94 points (1.0%) higher at 24,264.30, the NASDAQ Composite gained 100.83 points (1.5%) to 7,042.11, and the S&P 500 rallied 30.24 points (1.2%) to 2,644.69 Wednesday. DJIA futures were 60 points higher early Thursday morning. Asian markets closed mostly higher with Japan's Nikkei 225 up 325.87 points (0.1%), Hong Kong's Hang Seng closed for holiday, and China's Shanghai Composite closed for holiday. European markets were trading higher with London's FTSE 100 up 91.01 points (1.3%), Germany's DAX gaining 213.51 points (1.8%), and France's CAC 40 adding 88.81 points (1.7%). The euro was 0.0003 lower at 1.2274 while the U.S. dollar index gained 0.08 to 90.20. June 30-year T-Bonds were 21/32 lower at 145'02 while June gold lost $9.40 to $1,330.80. Crude oil was $0.10 lower at $63.27 as Brent crude dipped $0.08 to $67.94. Malaysian palm oil futures were higher again overnight.