Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Early Word Grains         12/05 05:48
   Grain Markets Mixed With Technical Support in Wheat, Expectations for Strong
Soybean Export Sales

   March corn is steady, January soybeans are up 4 1/2 cents, March KC wheat is
up 4 3/4 cents, March Chicago wheat is up 4 1/2 cents and March Minneapolis
wheat is up 6 1/2 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: March corn is steady, January soybeans are
up 4 1/2 cents, March KC wheat is up 4 3/4 cents, March Chicago wheat is up 4
1/2 cents and March Minneapolis wheat is up 6 1/2 cents.

   CME GLOBEX RECAP: World equity markets are mixed but mostly higher on
Thursday morning after a strong U.S. session on Wednesday as Chairman Powell in
his last public comments ahead of the "quiet period" before the next Fed
meeting did not say anything that bothered equity traders. Expectations are
still for a quarter-point cut at the next meeting.

   Thursday we will get the weekly jobless claims and the U.S. trade deficit
numbers, but the big report comes Friday with the employment data at 7:30 a.m.
A reading that is "too hot" could still change the rate cut timing by the Fed.

   OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average up 308.51 at 45,014.04 and the S&P 500 up 36.61 at 6,086.49. The
10-Year Treasury yield ended at 4.18%. Early Thursday, the December Dow Jones
Futures are down 6 points. European markets are mixed with the spot futures of
London's FTSE 100 trading down 0.1%, spot futures of Germany's DAX is trading
up 0.43% and the spot futures of France's CAC 40 Index up 0.18%. Asian markets
are higher with Japan's Nikkei 225 Index up 0.3% and China's Shanghai Composite
Index up 0.13%.
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