Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         02/22 05:56
   Grains Mixed to Higher on China Agreement, Exports Release

   March corn is up 1 1/2 cents per bushel, March soybeans are up 1/4 cent, and
May K.C. wheat is down 1/4 cent.

By Tregg Cronin
DTN Contributing Analyst

6:00 a.m. CME Globex:   March corn is up 1 1/2 cents per bushel, March soybeans
are up 1/4 cent, and May K.C. wheat is down 1/4 cent.

CME Globex Recap:   Equities are stronger around the globe Friday morning with
an especially strong reaction out of China to the news of progress in trade
talks. Energy markets also continue to make their way higher with crude oil
notching fresh 3-month highs yesterday. Another big day of data for grains with
six-weeks' worth of export sales released to get the market caught back up to
current. In addition, the USDA will release their first blush ideas on 2019/20
grain demand later Friday morning. Any further clarity on agreements between
the U.S. and China will also drive price action heading into the weekend.

OUTSIDE MARKETS:   Previous closes on Thursday showed the Dow Jones Industrial
Average down 103.81 at 25,850.63 and the S&P 500 down 9.82 at 2,784.70 while
the 10-Year Treasury yield ended at 2.688%. Early Friday, the March DJIA
futures are up 99 points. Asian markets are mixed with Japan's Nikkei 225 down
38.72 (-0.18%) and China's Shanghai Composite up 52.42 points (1.9%). European
markets are higher with London's FTSE 100 up 29.18 points (0.41%), Germany's
DAX up 43.68 points (0.38%) and France's CAC 40 up 17.52 points (0.34%). The
March Euro is down 0.000 at 1.140 and the March U.S. dollar index is up 0.042
at 96.505. The March 30-Year T-Bond is up 4/32nds, while April gold is down
$3.10 at $1,324.70 and April crude oil is up $0.11 at $57.07. Soybeans on
China's Dalian Exchange were down -0.29% while soybean meal was up 0.43%.
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