Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Early Word Grains         01/27 05:53
   Grains Mixed But Firm With Export Sales Ahead

   March corn was down 3/4 cent, March soybeans were up 3 1/2 cents and March
KC wheat was down 2 cents.

Todd Hultman
DTN Lead Analyst

   Pre-6 a.m. Globex Prices: March corn was down 3/4 cent, March soybeans were
up 3 1/2 cents and March KC wheat was down 2 cents.

   CME Globex Recap: Early Wednesday, Dow Jones futures are a little lower,
staying near its lowest prices of January with ongoing concerns about inflation
and higher interest rates ahead. Late Wednesday, the Federal Reserve said it is
on track to stop making monthly bond purchases by early March and that it will
soon be appropriate to raise the federal funds target rate, as many expected.
Several media sources reported the U.S. responded to Russia's demand and will
not ban Ukraine from joining NATO as Russia wants. Late Wednesday, AP reported
representatives from Russia, Ukraine, France and Germany expressed support for
a ceasefire in eastern Ukraine and agreed to meet again in two weeks.

   OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average down 129.64 at 34,168.09 and the S&P 500 down 6.52 at 4,349.93 as the
10-Year Treasury yield increased to 1.85%. Early Thursday, March Dow Jones
futures are trading down 15 points. Asian markets are lower with Japan's Nikkei
225 index down 3.11% and China's Shanghai Composite Index down 1.78%. European
markets are mixed with the spot futures of the London FTSE 100 trading up
0.28%, spot futures of Germany's DAX trading down 0.44% and spot futures of
France's CAC Index trading down 0.09%. The March euro is down $0.0059 at
$1.1206. The March U.S. Dollar Index is up 0.42 at 96.82. The March 30-year
T-bond is up 7/32nds, while February gold is down $14.00 at $1,815.70 and March
crude oil is up $0.12 at $87.47. On China's Dalian exchange, May corn was up
0.1%, March soybeans were up 2.6%, May soybean meal was up 2.2% and May soybean
oil was up 1.8%. March Malaysian palm oil is trading up 2.1%.
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