Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         02/13 05:43
   Wheat Markets Firm, Corn Lower, Soy Complex Mixed Early Thursday

   March corn is down 1 1/4 cents per bushel, March soybeans are up 1 1/2
cents, March KC wheat is up 7 1/2 cents, March Chicago wheat is up 5 3/4 cents
and March Minneapolis wheat is up 4 cents.

Dana Mantini
Senior Market Analyst

   CME GLOBEX RECAP: March corn is down 1 1/4 cents per bushel, March soybeans
are up 1 1/2 cents, March KC wheat is up 7 1/2 cents, March Chicago wheat is up
5 3/4 cents and March Minneapolis wheat is up 4 cents.

   Early morning Thursday trade is slow, with corn slightly lower, soybeans
mixed to lower and wheat starting off firm following four consecutive down
days. Weather remains short-term favorable in South America with rain in
Argentina and a good mix of sun and showers in central and northern Brazil,
allowing the soy harvest and safrinha corn seeding to advance. U.S. corn demand
remains solid, while soy demand is likely to slack off as Brazil is advancing
the harvest of what is guaranteed to be a record-large soybean crop. Outside
markets have calmed a bit with the U.S. Dollar Index lower, equities little
changed and crude oil continuing to correct downward.

   OUTSIDE MARKETS: Previous close Wednesday showed the Dow Jones Industrial
Average down 225.09 at 44,368.56 and the S&P 500 down 16.53 at 6,051.97, The
10-Year Treasury yield ended at 4.637%. Early Thursday, the March Dow Jones
Futures are up 25 points. European markets are mixed with the spot futures of
London's FTSE 100 trading down 0.64%, spot futures of Germany's DAX is trading
up 1.62% and the spot futures of France's CAC 40 Index up 1.4%. Asian markets
are mixed with Japan's Nikkei 225 Index up 1.28% and China's Shanghai Composite
Index down 0.42%.
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