DTN Early Word Grains 08/26 05:58
Corn, Soybeans Start Lower
Corn is lower at 6 a.m. (CT); soybeans are lower; wheat is steady.
By Todd Hultman
6:00 a.m. CME Globex: December corn is down 1/2 cent, November soybeans are
down 4 1/4 cents, and December Chicago wheat is steady.
CME Globex Recap: Corn and soybeans are lower early with rain in Nebraska and
Iowa expected to extend eastward on Tuesday. Wheat is steady after a quiet
OUTSIDE MARKETS: The Dow Jones Industrial Average closed 75.65 points higher
Monday at 17,076.87. The overnight session has the Dow Jones futures down 11
points early on Tuesday, indicating slightly lower prices for U.S. stocks later
Tuesday morning. Asian markets are lower with the Nikkei down 120 points at
15,475. European markets are lower. The overnight crude oil market is up .24 at
$93.59 while Brent crude is $.17 higher at $102.82. The December gold contract
is $9.30 higher at $1,288.20 while the U.S. dollar index is down .08 at 82.51.
Malaysian palm oil contracts were lower. Soybeans at the Dalian Exchange were
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