Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         09/19 05:57
   Grains Lower Again Early Friday

   Corn is lower at 6 a.m. (CT); soybeans are lower; wheat is lower.

By Darin Newsom
DTN Senior Analyst

6:00 a.m. CME Globex:   December corn 1 cent lower, November soybeans 5 cents
lower, and December Chicago wheat 4 cents lower.

CME Globex Recap:   Grain markets were lower overnight, once again led by the
soybean market. Soybean national average basis continues to tumble, putting
additional pressure on the futures market. Corn did little with contracts
posting just over a 1 cent range overnight. Outside markets were mixed while
the U.S. dollar index rallied following the "No" vote for Scotland
independence.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 109.14 points higher
Wednesday at 17,265.99. Dow Jones Industrial Average futures were 73 points
higher, indicating continued buying interest Friday. Asian markets were higher
with the Nikkei up 253.60 points at 16,321.17. European markets were also
higher. The overnight crude oil market was $0.30 lower at $92.77 while Brent
crude was $0.01 lower at $97.69. The December gold contract was $4.70 lower at
$1,222.20 while the U.S. dollar index was 0.182 higher at 84.505. Soybeans at
the Dalian Exchange were lower while Malaysian palm oil contracts were also
lower.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN