Printable Page Corn News   Return to Menu - Page 1 2 3 4 5 6
 
 
DTN Early Word Grains         05/06 05:52
   Grain Markets Mixed After Poor Session Monday Due to Lower Energy Prices,
Quick Planting Progress

   July corn is up 2 1/4 cents per bushel, July soybeans are down 1 cent, July
KC wheat is up 1 cent, July Chicago wheat is up 4 cents and July Minneapolis
wheat is down 2 1/4 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is up 2 1/4 cents per bushel,
July soybeans are down 1 cent, July KC wheat is up 1 cent, July Chicago wheat
is up 4 cents and July Minneapolis wheat is down 2 1/4 cents.

   CME GLOBEX RECAP: World equity markets are mixed, with the U.S. markets
lower after the S&P 500 broke its 9-day winning streak on Monday. Renewed
worries about the pace of trade agreements and more divisive rhetoric with
China seemed to be the main reasons for the weakness. The ISM services index
was better than trade expectations, adding to the likelihood that the Fed will
not cut rates at their meeting this week.

   OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average down 98.60 at 41,218.83 and the S&P 500 down 36.29 at 5,650.38. The
10-Year Treasury yield ended at 4.343%. Early Tuesday, the June Dow Jones
Futures are down 195 points. European markets are lower with the spot futures
of London's FTSE 100 trading down 0.27%, spot futures of Germany's DAX is
trading down 1.05% and the spot futures of France's CAC 40 Index down 0.72%.
Asian markets are mixed with Japan's Nikkei 225 Index is steady and China's
Shanghai Composite Index up 0.85%.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN