DTN Early Word Grains 12/27 05:38

DTN Early Word Grains 12/27 05:38 US Grain Markets Set to Open At 8:30 a.m. CST; Row Crop Prices Higher in China Friday's Globex net changes: March corn was up 5 3/4 cents, March soybeans were up 12 1/2 cents and March KC wheat was up 8 3/4 cents. Todd Hultman DTN Lead Analyst FRIDAY'S GLOBEX NET CHANGES: March corn was up 5 3/4 cents, March soybeans were up 12 1/2 cents and March KC wheat was up 8 3/4 cents. CME GOBEX RECAP EARLY TUESDAY: Early Tuesday, stock futures in the U.S. were trading higher, along with a modest gain in crude oil, while the U.S. Dollar Index is lower. Single-digit temperatures are posted from Missouri to Minnesota and Wisconsin Tuesday morning, but warmer readings are moving into the northwestern Plains, ready to extend across most of the central U.S. by Wednesday and ahead of New Year's eve. More chances for precipitation along the lower Mississippi River Wednesday and Thursday should provide further help to barge traffic. USDA's weekly report of export inspections is set for 10 a.m. CST and will probably show a slow week of grain movement, given last week's bitter cold temperatures and approaching Christmas holiday. OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial Average up 176.44 at 33,203.93 and the S&P 500 up 22.43 at 3,844.82, while the 10-Year Treasury yield ended at 3.75%, up from the lowest yield in three months. Early Tuesday, March Dow Jones futures are trading up 210 points. Asian markets are higher with Japan's Nikkei 225 index up 0.46% and China's Shanghai Composite Index up 0.98%. European markets are higher with the spot futures of the London FTSE 100 trading up 0.07%, spot futures of Germany's DAX trading up 0.77% and spot futures of France's CAC Index trading up 0.98%. The March euro is up $0.0042 at $1.0725. The March U.S. Dollar Index is down 0.30 at 103.71. The March 30-year T-bond is down 17/32nds, while February gold is up $12.70 at $1,816.90 and February crude oil is up $0.69 at $80.25. On China's Dalian exchange, March corn was up 0.4%, January soybeans were up 1.7%, May soybean meal was up 1.0% and May soybean oil was up 3.2%. March Malaysian palm oil is trading up 7.0%.