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DTN Early Word Grains 09/14 06:00

14 Sep 2018
DTN Early Word Grains 09/14 06:00 Mild Gains to Close a Soft Week December corn was up 1, November soybeans were up 3 1/2, and December K.C. wheat was up 5 1/2 Tregg Cronin DTN Contributing Analyst 6:00 a.m. CME Globex: December corn was up 1, November soybeans were up 3 1/2, and December K.C. wheat was up 5 1/2 CME Globex Recap: Mostly better international equity markets to close the week although the US will be focused on Hurricane Florence this weekend and the aftermath it generates. Grains can bounce into the weekend but sentiment and money flow remain negative across the board. OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial Average up 147.07 points at 26,145 and the S&P 500 up 15.26 points at 2,904.18 while the 10-year Treasury yield ended at 2.97%. Early Friday, DJIA futures were up 4.50. Asian markets are mixed with Japan's Nikkei 225 up 273.35 points (1.20%) and China's Shanghai Composite down 4.94 (-0.18%). European markets are mostly higher with London's FTSE 100 up 14.13 points (0.19%), Germany's DAX up 43.22 points (0.36%), and France's CAC 40 up 18.08 points (0.34%). The euro was up 0.00045 at 1.16980 and the U.S. dollar index was down 0.0430 at 94.4970. September 30-year T-Bonds were down 11/32nds while December gold was up $2.80 at $1211.00 and October crude oil was up $0.20 at $68.79. Soybeans on China's Dalian Exchange closed up 0.64% while meal was down 0.37%.