DTN Early Word Grains 08/23 06:07

DTN Early Word Grains 08/23 06:07 Choppy, Lower Leaking Trade Continues December corn was unchanged, November soybeans were down 3 cents, and December K.C. wheat was down 1.75 cents. Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: December corn was unchanged, November soybeans were down 3 cents, and December K.C. wheat was down 1.75 cents. CME Globex Recap: Mixed equity markets around the globe, although the US Dollar Index is posting decent gains for early morning trade. Emerging market currencies continue to find themselves under pressure which can be a headwind for commodities. Grains have traded both sides multiple times overnight which looks as though it will lend itself to a two-sided day session. OUTSIDE MARKETS: Previous closes on Wednesday showed the Dow Jones Industrial Average down 88.69 points at 25,733.60 and the S&P 500 down 1.14 points at 2,861.82 while the 10-year Treasury yield ended at 2.82%. Early Thursday, DJIA futures were down 7.00 points. Asian markets are mostly higher with Japan's Nikkei 225 up 48.27 (0.22%) and China's Shanghai Composite up 10.02 (0.37%). European markets are mixed with London's FTSE 100 up 5.73 points (0.08%), Germany's DAX down 14.66 points (-0.12%), and France's CAC 40 up 6.00 points (0.11%). The euro was down 0.0033 at 1.1565 and the U.S. dollar index was up 0.25 at 95.34. September 30-year T-Bonds were up 1/32nds while December gold was down $8.90 at $1,194.40 and October crude oil was down $0.08 at $67.78. Soybeans on China's Dalian Exchange were down a few ticks.