Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Early Word Grains         04/16 05:46
   Grain Markets Lower as Strong Dollar Weighs on Market Sentiment

   May corn is down 1 cent per bushel, May soybeans are down 3 cents, July KC
wheat is down 1 1/2 cents, May Chicago wheat is down 2 1/2 cents and May
Minneapolis wheat is up 3 1/4 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: May corn is down 1 cent per bushel, May
soybeans are down 3 cents, July KC wheat is down 1 1/2 cents, May Chicago wheat
is down 2 1/2 cents and May Minneapolis wheat is up 3 1/4 cents.

   CME GLOBEX RECAP: World equity markets are mostly lower Tuesday morning as
inflation worries have once again impacted trader sentiment and the correction
in equity prices continued Monday. The Dow Jones Industrial Average fell for
the sixth consecutive day. Also weighing on market sentiment was a stronger
than anticipated retail sales report which is another data point that suggests
the Fed will wait longer to cut interest rates. Tuesday morning, we will get a
new read on Housing Starts and Industrial Production.

   OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average down 248.13 at 37,735.11 and the S&P 500 down 61.59 at 5,061.82, The
10-Year Treasury yield ended at 4.63%. Early Tuesday, the June Dow Jones
Futures are up 56 points. European markets are lower with the spot futures of
London's FTSE 100 trading down 1.37%, spot futures of Germany's DAX is trading
down 1.27% and the spot futures of France's CAC 40 Index down 1.24%. Asian
markets are lower with Japan's Nikkei 225 Index down 1.94% and China's Shanghai
Composite Index down 1.65%.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN