News & Resources

DTN Early Word Grains 07/30 05:59

30 Jul 2018
DTN Early Word Grains 07/30 05:59 Crop Prices Firm to Start Week December corn was up 3 cents, November soybeans were up 6 1/2 cents, and September Kansas City (HRW) wheat was up 10 1/2 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 3 cents, November soybeans were up 6 1/2 cents, and September Kansas City (HRW) wheat was up 10 1/2 cents. CME Globex Recap: Dow Jones futures are trading slightly higher even though most of the world's stock markets are starting modestly lower early Monday with higher interest rates an active concern. Outside commodities were mixed early with crude oil trading higher while most grains were higher, coming off a mostly dry weekend with little rain in the seven-day forecast. OUTSIDE MARKETS: Previous closes on Friday showed the Dow Jones Industrial Average down 76.01 points at 25,451.07 and the S&P 500 down 18.62 points at 2,818.82 while the 10-year Treasury yield ended at 2.96%. Early Monday, DJIA futures were up 7 points. Asian markets are lower with Japan's Nikkei 225 down 167.91 (-0.7%) and China's Shanghai Composite down 4.54 (-0.2%). European markets are modestly lower with London's FTSE 100 down 23.88 points (-0.3%), Germany's DAX down 40.21 points (-0.3%), and France's CAC 40 down 22.34 points (-0.4%). The euro was up .0033 and the U.S. dollar index was down 0.21 at 94.46. September 30-year T-Bonds were down 17/32nd while August gold was down $1.60 at $1,221.40 and September crude oil was up $0.70 at $69.39. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were up 0.3%.