DTN Early Word Grains 06/27 06:01

DTN Early Word Grains 06/27 06:01 Grains Start Higher With Hotter Temperatures Ahead December corn was up 2 cents, November soybeans were up 4 3/4 cents, and September Kansas City (HRW) wheat was up 5 3/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 2 cents, November soybeans were up 4 3/4 cents, and September Kansas City (HRW) wheat was up 5 3/4 cents. CME Globex Recap: Global stock markets, including Dow Jones futures, are steady to lower overnight, but most commodities are mixed and grains are starting higher. Triple-digit temperatures are expected in the southwestern U.S. Plains Wednesday, followed by much of the Corn Belt experiencing temperatures in the 90s on Friday. OUTSIDE MARKETS: Previous closes on Tuesday saw the Dow Jones Industrial Average gain 30.31 points to 24,283.11 while the S&P 500 was up 5.99 points to 2,723.06 and the 10-year Treasury yield ended at 2.88%. Early Wednesday, DJIA futures were down 118 points. Asian markets were lower with Japan's Nikkei 225 down 70.23 points (-0.3%) and China's Shanghai Composite down 31.33 (-1.1%). European markets were a little lower with London's FTSE 100 down 7.34 points (-0.1%), Germany's DAX down 27.46 points (-0.2%), and France's CAC 40 down 13.85 points (-0.3%). The euro was down 0.0012 and the U.S. dollar index was up 0.07 at 94.73. September 30-year T-Bonds were up 17/32nds while August gold was down $0.10 at $1,259.80 and August crude oil was up $0.58 at $71.11. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were up 1.8%.