DTN Early Word Grains 06/29 06:02

DTN Early Word Grains 06/29 06:02 Grains Starting Report Day on the Green Side December corn was up 2 1/2 cents, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was up 5 1/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 2 1/2 cents, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was up 5 1/4 cents. CME Globex Recap: Global markets are broadly higher after BBC News reported China eased restrictions on foreign investments in specific industries, which include banking, autos, and agriculture. Most commodities are also starting higher Friday, including the grain sector ahead of USDA's Acreage and Grain Stocks reports, due out at 11 a.m. CDT. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 98.46 points at 24,216.05 and the S&P 500 up 16.68 points at 2,716.31 while the 10-year Treasury yield ended at 2.85%. Early Friday, DJIA futures were up 94 points. Asian markets were higher with Japan's Nikkei 225 up 34.12 points (0.1%) and China's Shanghai Composite up 60.52 (2.2%). European markets were also higher with London's FTSE 100 up 64.89 points (0.9%), Germany's DAX up 145.53 points (1.2%), and France's CAC 40 up 70.20 points (1.3%). The euro was up 0.0102 and the U.S. dollar index was down 0.47 at 94.85. September 30-year T-Bonds were up 5/32nds while August gold was up $1.30 at $1,252.30 and August crude oil was down $0.06 at $73.39. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were down 0.8%.