Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         05/19 06:01
   Wheat Lower, Row Crops Mixed as Stock Market Extends Its Slide

   July corn was down 7 cents, July soybeans were up 3/4 cent and July KC wheat
was down 30 cents.

Todd Hultman
DTN Lead Analyst

   Pre-6 a.m. Globex Prices: July corn was down 7 cents, July soybeans were up
3/4 cent and July KC wheat was down 30 cents.

   CME GLOBEX RECAP: Early Thursday, U.S. stocks on the Dow Jones Industrials
are trading lower, extending Wednesday's sharp sell-off with European and most
Asian stocks also trading lower. Concerns about rising interest rates and
rising prices cutting into profits were the main themes of bearish concern
after Walmart and Target reported disappointing earnings. Later Thursday
morning, traders will check USDA's weekly export sales report.

   OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average down 1,164.52 at 31,490.07 and the S&P 500 down 165.17 at 3,923.68 as
the 10-Year Treasury yield ended at 2.89%, down from the highest level in three
and a half years. Early Thursday, June Dow Jones futures are trading down 405
points. Asian markets are mostly lower with Japan's Nikkei 225 index down 1.89%
and China's Shanghai Composite Index up 0.36%. European markets are lower with
the spot futures of the London FTSE 100 trading down 2.00%, spot futures of
Germany's DAX trading down 2.02% and spot futures of France's CAC Index trading
down 1.99%. The June euro is up $0.0020 at $1.0505. The June U.S. Dollar Index
is down 0.27 at 103.60. The June 30-year T-bond is up 23/32nds, while June gold
is up $4.70 at $1,820.60 and June crude oil is down $1.12 at $108.47. On
China's Dalian exchange, September corn was down 0.3%, July soybeans were down
0.6%, September soybean meal was down 0.3% and September soybean oil was down
0.6%. June Malaysian palm oil is trading down 1.9%.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN