| |
DTN Early Word Grains 02/14 05:52
Grain Quotes Slightly Green, While Crude Oil Sneaks Higher
March corn is up 1/2 cent, March soybeans are up 1/2 cent and March KC wheat
is up 1 1/2 cents.
By Todd Hultman
DTN Contributing Analyst
6:00 a.m. CME Globex: March corn is up 1/2 cent, March soybeans are up 1/2
cent and March KC wheat is up 1 1/2 cents.
CME Globex Recap: U.S. stock futures are a little higher early Friday, even
as the Financial Times reported coronavirus deaths are now up to 1,383. Friday
morning reports include U.S. industrial production and an index of consumer
sentiment. March crude oil is up 75 cents, finding a little love on Valentine's
Day as traders struggle to assess world oil demand early in 2020. Outside
commodities are mixed to higher.
OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial
Average down 128.11 at 29,423.31 and the S&P 500 down 5.51 at 3,373.94 while
the 10-Year Treasury yield ended at 1.62%. Early Friday, March Dow Jones
futures are up 27 points. Asian markets are mixed with Japan's Nikkei 225 down
140.14 (-0.6%) and China's Shanghai Composite up 10.93 points (0.4%). European
markets are mixed with London's FTSE 100 down 5.38 points (-0.1%), Germany's
DAX up 22.87 points (0.2%) and France's CAC 40 down 8.98 points (-0.2%). The
March euro is up slightly at $1.0866. The March U.S. dollar index is unchanged
at 98.96. The March 30-year T-bond is up 14/32nds, while April gold is up $.30
at $1,579.10 and March crude oil is up $0.75 at $52.17. Soybeans are a little
lower on China's Dalian Exchange while soybean meal is roughly steady. April
palm oil was up 1.3% overnight, but is still near its three-month low.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
|
|
