DTN Early Word Grains 06/07 05:56

DTN Early Word Grains 06/07 05:56 Commodity Board Starts Green on Thursday July corn was up 1 1/2 cents, July soybeans were up 1/4 cent, and July Kansas City (HRW) wheat was up 10 1/2 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: July corn was up 1 1/2 cents, July soybeans were up 1/4 cent, and July Kansas City (HRW) wheat was up 10 1/2 cents. CME Globex Recap: Nearly all commodities, including grains, are trading higher early Thursday as investors are apparently starting the day with a "risk-on" point of view. Row crops are a little higher and winter wheat is starting with double-digit gains, prompted by this week's concerns of dry crop conditions in Ukraine and southern Russia. The U.S. dollar index is down 0.31 after real GDP in the Euro zone was up 2.5% in the first quarter from a year ago, as expected reported RTTNews.com. OUTSIDE MARKETS: The Dow Jones Industrial Average closed 346.41 points higher at 25,146.39, the NASDAQ Composite gained 51.38 points to 7,689.24, the S&P 500 added 23.55 points to 2,772.35, and the 10-year Treasury yield closed at 2.97% Wednesday. Early Thursday, DJIA futures were 45 points higher. Asian markets were mixed with Japan's Nikkei 225 up 197.53 points (0.9%) and China's Shanghai Composite down 5.68 points (-.2%). European markets were mostly higher with London's FTSE 100 down 4.78 points (-0.1%), Germany's DAX up 34.18 points (0.3%), and France's CAC 40 up 25.50 points (0.5%). The euro was 0.0055 higher and the U.S. dollar index was down 0.31 to 93.30. June 30-year T-Bonds were 10/32 lower while August gold was up $1.20 to $1,302.60 and crude oil was up $0.17 at $64.90. China's Dalian soybeans were lower and Malaysian palm oil futures were down 0.1% overnight.