DTN Early Word Grains 03/01 05:43
Soybean Prices Higher Early Friday, While Other Crops Mixed
May corn was unchanged, May soybeans were up 7 cents and May KC wheat was
down 3 cents.
DTN Lead Analyst
EARLY MORNING GLOBEX NET CHANGES: May corn was unchanged, May soybeans were
up 7 cents and May KC wheat was down 3 cents.
CME GLOBEX RECAP: Early Friday, Dow Jones futures are trading slightly
lower, while other stock markets around the world are mostly higher. Indices of
manufacturing showed signs of expansion in Russia and India, while contraction
continued throughout much of Europe. Grain markets are mostly higher early as
traders await an announcement from the Treasury Department and four other
agencies, regarding the requirements for Sustainable Aviation Fuel.
OUTSIDE MARKETS: Previous closes Thursday showed the Dow Jones Industrial
Average up 47.37 at 38,996.39 and the S&P 500 Index up 26.51 at 5,096.27. The
10-Year Treasury yield ended at 4.25%. Early Friday, March Dow Jones futures
are down 56 points. European markets are a little higher with the spot futures
of the London FTSE 100 trading up 0.57%, spot futures of Germany's DAX trading
up 0.39% and spot futures of France's CAC Index trading up 0.11%. Asian markets
are also higher with Japan's Nikkei 225 index up 1.90% and China's Shanghai
Composite Index up 0.39%.
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