Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         07/16 05:47
   Grain Markets Higher as U.S. Crop Conditions Disappoint Traders

   December corn is up 4 3/4 cents per bushel, November soybeans are up 4
cents, September KC wheat is up 2 3/4 cents, September Chicago wheat is up 4
cents and September Minneapolis wheat is up 4 1/2 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is up 4 3/4 cents per
bushel, November soybeans are up 4 cents, September KC wheat is up 2 3/4 cents,
September Chicago wheat is up 4 cents and September Minneapolis wheat is up 4
1/2 cents.

   CME GLOBEX RECAP: World equity markets are mixed, but mostly lower, after
the Dow Jones Industrial Average closed at record highs on Monday. The Dow is a
little lower Tuesday morning, but the other U.S. markets are higher. Markets
are reacting to U.S. politics with the Republican convention kicking off on
Monday and with their VP candidate being announced. Fed Chairman Powell sat for
an interview Monday and reiterated mostly dovish sentiment, but he did not
commit to the timeframe for a rate cut. This helped firm interest rates
slightly on Monday.

   OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average up 210.82 at 40,211.72 and the S&P 500 up 15.87 at 5,631.22, The
10-Year Treasury yield ended at 4.23%. Early Tuesday, the September Dow Jones
Futures are down 17 points. European markets are lower with the spot futures of
London's FTSE 100 trading down 0.21%, spot futures of Germany's DAX is trading
down 0.45% and the spot futures of France's CAC 40 Index down 0.7%. Asian
markets are higher with Japan's Nikkei 225 Index up 0.07% and China's Shanghai
Composite Index up 0.08%.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN