DTN Early Word Grains 09/26 05:49
Grain Prices Mixed on Black Sea Military Escalation, Some Technical Short
December corn is down 1/4 cent per bushel, November soybeans are up 5 1/4
cents, December KC wheat is up 1 1/4 cents, December Chicago wheat is up 3 3/4
cents and December Minneapolis wheat is up 4 1/2 cents.
By Kent Beadle, DTN Contributing Analyst
EARLY MORNING GLOBEX NET CHANGES: December corn is down 1/4 cent per bushel,
November soybeans are up 5 1/4 cents, December KC wheat is up 1 1/4 cents,
December Chicago wheat is up 3 3/4 cents and December Minneapolis wheat is up 4
CME GLOBEX RECAP: U.S. and world equity markets mixed Tuesday morning, as
Monday's small rally in U.S. equities has given way to lower trade Tuesday
morning. Traders are still concerned about the impact of "higher for longer"
interest rates on corporate earnings. There was little movement on the
government shutdown that looms with an October 1st deadline. Tuesday, we will
get New Home Sales and Consumer Confidence Data.
OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average up 43.04 at 34,006.88 and the S&P 500 up 17.38 at 4,337.44, The 10-Year
Treasury yield ended at 4.54%. Early Tuesday, the December Dow Jones Futures
are down 139 points. European markets are mixed with the spot futures of
London's FTSE 100 trading up 0.01%, spot futures of Germany's DAX is trading
down 0.65% and the spot futures of France's CAC 40 Index down 0.78%. Asian
markets are lower with Japan's Nikkei 225 Index down 1.11% and China's Shanghai
Composite Index down 0.43%.
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