DTN Early Word Grains 04/13 05:55
Grains Lightly Higher Early Tuesday
May corn is up 1 1/4 cents, May soybeans are up 6 cents and July KC wheat is
up 1 cent.
DTN Lead Analyst
Pre-6 a.m. Globex Prices: May corn is up 1 1/4 cents, May soybeans are up 6
cents and July KC wheat is up 1 cent.
CME Globex Recap: Early Tuesday, Dow Jones futures are trading a little
higher with support from mostly higher markets in Europe. CNBC.com reported the
World Health Organization said the pandemic is growing exponentially with over
4.4 million new Covid-19 cases reported last week. Tensions are on the rise in
Ukraine. According to Reuters, Russia's Deputy Foreign Minister warned the U.S.
to keep its warships away from Crimea after Russia moved more troops near
OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average down 55.20 at 33,745.40 and the S&P 500 down 0.81 at 4,127.99 while the
10-Year Treasury yield ended at 1.67%. Early Tuesday, December Dow Jones
futures are up 33 points. Asian markets are mixed with Japan's Nikkei 225 up
212.88 (0.7%) and China's Shanghai Composite down 16.48 (-0.5%). European
markets are mostly higher with London's FTSE 100 down 3.34 points (-0.05%),
Germany's DAX up 40.45 points (0.03%) and France's CAC 40 up 14.65 points
(0.2%). The June euro is down $.0009 at $1.1912. The June U.S. Dollar Index is
up 0.03 at 92.17. The June 30-year T-bond is down 8/32nds, while June gold is
down $4.30 at $1,728.40 and May crude oil is up $0.30 at $60.00. On China's
Dalian exchange, May corn was down 0.2%, May soybeans were down 1.6%, September
soybean meal was down 1.6% and May bean oil was down 0.7%. July common wheat on
China's Zhengzhou exchange was unchanged. June Malaysian palm oil is trading up
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