DTN Early Word Grains 07/31 05:56

DTN Early Word Grains 07/31 05:56 Crops Higher, Outside Markets Quiet December corn was up 2 1/4 cents, November soybeans were up 6 cents, and September Kansas City (HRW) wheat was up 1 1/2 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 2 1/4 cents, November soybeans were up 6 cents, and September Kansas City (HRW) wheat was up 1 1/2 cents. CME Globex Recap: Global stock markets are fairly quiet and Treasury bonds are trading higher after the Bank of Japan stayed with an accommodative monetary policy early Tuesday. The grain sector is higher with a dry forecast, but most other commodities are starting lower. OUTSIDE MARKETS: Previous closes on Monday showed the Dow Jones Industrial Average down 144.23 points at 25,306.83 and the S&P 500 down 16.22 points at 2,802.60 while the 10-year Treasury yield ended at 2.97%. Early Tuesday, DJIA futures were up 2 points. Asian markets are a little higher with Japan's Nikkei 225 up 8.88 (0.04%) and China's Shanghai Composite up 7.35 (0.3%). European markets are quietly mixed with London's FTSE 100 up 12.87 points (0.2%), Germany's DAX down 9.77 points (-0.1%), and France's CAC 40 down 0.68 points (-0.01%). The euro was up .0013 and the U.S. dollar index was down 0.03 at 94.32. September 30-year T-Bonds were up 18/32nd while August gold was down $3.60 at $1,217.70 and September crude oil was down $0.35 at $69.78. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were up slightly.