DTN Early Word Grains 08/20 05:55

DTN Early Word Grains 08/20 05:55 Soybeans Higher Ahead of Trade Talks December corn was up 1/4 cent, November soybeans were up 10 1/4 cents, and December K.C. wheat was down 2 1/4 cents. By Todd Hultman DTN Analyst 6:00 a.m. CME Globex: December corn was up 1/4 cent, November soybeans were up 10 1/4 cents, and December K.C. wheat was down 2 1/4 cents. CME Globex Recap: Dow Jones futures are modestly higher, along with Europe's stocks early Monday. December gold is up $10.60 and October crude oil is down 2 cents after Venezuela devalued its currency by roughly 95% on Friday. Other than wheat and energies, most commodities are higher early Monday with soybeans' higher prices likely influenced by this week's trade talks between the U.S. and China. OUTSIDE MARKETS: Previous closes on Friday showed the Dow Jones Industrial Average up 110.59 points at 25,669.32 and the S&P 500 up 9.44 points at 2,850.13 while the 10-year Treasury yield ended at 2.87%. Early Monday, DJIA futures were up 69 points. Asian markets are mixed with Japan's Nikkei 225 down 71.38 (-0.3%) and China's Shanghai Composite up 29.50 (1.1%). European markets are higher with London's FTSE 100 up 40.56 points (0.5%), Germany's DAX up 126.08 points (1.0%), and France's CAC 40 up 36.98 points (0.7%). The euro was down .0036 and the U.S. dollar index was up 0.18 at 96.31. September 30-year T-Bonds were up 10/32nds while December gold was up $10.60 at $1,194.80 and October crude oil was down $0.02 at $65.19. Soybeans on China's Dalian Exchange were lower and Malaysian palm oil futures were up 0.9%.