DTN Early Word Grains 06/26 06:00
26 Jun 2018
DTN Early Word Grains 06/26 06:00 Grains Mixed on Quieter Tuesday December corn was up 1/4 cent, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was down 3 1/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 1/4 cent, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was down 3 1/4 cents. CME Globex Recap: Global stock markets are steady to higher overnight and most commodities are mixed after Monday's risk-off performance by investors. China's Shanghai Composite is down a half-percent, perhaps experiencing its own strain from the trade dispute with the U.S. Crude oil is quiet, but gold continues to fall to new lows in 2018. OUTSIDE MARKETS: Previous closes on Monday saw the Dow Jones Industrial Average drop 328.09 points to 24,252.80 while the S&P 500 was fell 37.81 points to 2,717.07 and the 10-year Treasury yield ended at 2.87%. Early Tuesday, DJIA futures were down 35 points. Asian markets were mixed with Japan's Nikkei 225 up 3.85 points (0.02%) and China's Shanghai Composite down 14.83 (-0.5%). European markets were modestly higher with London's FTSE 100 up 38.72 points (0.5%), Germany's DAX up 42.07 points (0.3%), and France's CAC 40 up 22.25 points (0.4%). The euro was down 0.0043 and the U.S. dollar index was up 0.26 at 94.55. September 30-year T-Bonds were down 5/32nds while August gold was down $10.50 at $1,258.40 and August crude oil was up $0.15 at $68.23. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were down 0.6%.