Weather |  Market News |  Portfolio |  DTN Soybean Rust |  Futures Markets |  Options |  Headline News 
     
  Home  
  About Us  
  Cash Prices  
  Calendar  
  Customer Account Login  
  USDA Reports  

 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         09/07 06:04
   Grains Mostly Lower Overnight

   Corn futures are expected to open 5 to 6 lower as of 6 a.m. CDT; soybeans
steady to 1 higher; wheat 10 to 12 lower.

By Darin Newsom
DTN Senior Analyst

GENERAL OPENING CALL   Corn 5 to 6 lower, Soybeans steady to 1 higher, Wheat 10
to 12 lower.

6:00 AM e-CBOT   Corn 5 1/2 lower (December), Soybeans unchanged (November),
Wheat 12 1/4 lower (Chicago December).  Grains were lower Tuesday morning,
though soybeans were relatively strong compared to the other markets. Pressure
came from outside markets with the U.S. dollar index rallying and energies
coming under increased pressure.

OUTSIDE MARKETS   The Dow Jones Industrial Average closed 127.83 points higher
Friday at 10,447.93. The overnight session saw the Dow Jones futures trade 42
points lower, indicating the market could see renewed selling interest Tuesday.
Asian markets were mixed with the Nikkei down 75.32 points at 9,226.00.
European markets were mostly lower. The overnight crude oil market was $1.55
lower at $73.05. Brent crude was $1.00 lower at $75.87. The December gold
contract was $2.70 lower at $1,248.40 while the U.S. dollar index is 0.573
higher at 82.627. Soybeans at the Chinese Dalian Commodity Exchange were mixed
while the Malaysian palm oil market was mostly higher.
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