DTN Early Word Grains 08/13 05:55

DTN Early Word Grains 08/13 05:55 Plenty of Bearish Influence Early Monday December corn was down 3 3/4 cents, November soybeans were down 8 1/2 cents, and September Chicago wheat was down 7 1/2 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was down 3 3/4 cents, November soybeans were down 8 1/2 cents, and September Chicago wheat was down 7 1/2 cents. CME Globex Recap: Stock markets are starting lower Monday with investors especially shunning emerging markets while concerns about debt exposure to Turkey increase. The September U.S. dollar index is fairly quiet, trading up 0.07 while most commodities are trading lower. Grains are starting lower with influence still coming from Friday's bearish USDA estimates. OUTSIDE MARKETS: Previous closes on Friday showed the Dow Jones Industrial Average down 196.09 points at 25,313.14 and the S&P 500 down 20.30 points at 2,833.28 while the 10-year Treasury yield ended at 2.86%. Early Monday, DJIA futures were down 81 points. Asian markets are lower with Japan's Nikkei 225 down 440.65 (-2.0%) and China's Shanghai Composite down 9.44 (-0.3%). European markets are also lower with London's FTSE 100 down 35.55 points (-0.5%), Germany's DAX down 54.19 points (-0.4%), and France's CAC 40 down 13.68 points (-0.3%). The euro was down .0014 and the U.S. dollar index was up 0.15 at 96.41. September 30-year T-Bonds were down 9/32nds while December gold was down $8.30 at $1,210.70 and September crude oil was up $0.02 at $67.65. Soybeans on China's Dalian Exchange were steady to higher and Malaysian palm oil futures were down 1.6%.