DTN Early Word Grains 10/03 05:30
Crop Prices Start Quietly Lower Early Tuesday
December corn was down 1 cent, November soybeans were down 7 cents and
December KC wheat was down 3 cents.
DTN Lead Analyst
EARLY MORNING GLOBEX NET CHANGES: December corn was down 1 cent, November
soybeans were down 7 cents and December KC wheat was down 3 cents.
CME GLOBEX RECAP: Early Tuesday, Dow Jones futures are a little higher, but
quiet as the yield on 10-year T-Notes and U.S. dollar both continue to push new
highs.There are no significant reports due out Tuesday. Traders will continue
to keep an eye on the latest weather forecasts and take in harvest anecdotes
from around the country.
OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average down 74.15 at 33,433.35 and the S&P 500 Index up 0.34 at 4,288.39. The
10-Year Treasury yield ended at 4.68%. Early Tuesday, December Dow Jones
futures are up 19 points. European markets are a little higher with the spot
futures of the London FTSE 100 trading up 0.44%, spot futures of Germany's DAX
trading up 0.02% and spot futures of France's CAC Index trading up 0.04%. Asian
markets are mixed with Japan's Nikkei 225 index down 1.64% and China's Shanghai
Composite Index up 0.10%.
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