Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Early Word Grains         09/18 05:49
   Soybean Rally Presses Higher, More Aid Announced

   December corn is up 1 3/4 cents, November soybeans are up 11 cents and
December KC wheat is up 4 cents.

Todd Hultman
DTN Lead Analyst

   Pre-6 a.m. Globex Prices: December corn is up 1 3/4 cents, November soybeans
are up 11 cents and December KC wheat is up 4 cents.

   CME Globex Recap: Early Friday, Dow Jones futures are trading modestly lower
and the December U.S. Dollar Index is also a little lower with stock markets
mixed overseas. According to several news sources, U.S. President Donald Trump
announced $13 billion of aid to farmers at a political rally in Wisconsin with
further details expected to be released later Friday. Crude oil is slightly
higher after the world's major oil producers met and agreed Thursday to comply
with the production cuts started in August and designed to run into December,
acknowledging that coronavirus concerns continue to weaken oil demand.

   OUTSIDE MARKETS: Previous closes on Thursday showed the Dow Jones Industrial
Average down 130.40 at 27,901.98 and the S&P 500 down 28.48 at 3,357.01 while
the 10-Year Treasury yield ended at 0.68%. Early Friday, December Dow Jones
futures are down 42 points. Asian markets are higher with Japan's Nikkei 225 up
40.93 points (0.2%) and China's Shanghai Composite up 67.65 points (2.1%).
European markets are mixed with London's FTSE 100 down 21.38 points (-0.4%),
Germany's DAX up 19.80 points (0.1%) and France's CAC 40 down 17.74 points
(-0.4%). The December euro is up $.0019 at $1.1880. The December U.S. Dollar
Index is down 0.12 at 92.85. The December 30-year T-bond is down 1/32nd, while
December gold is up $12.70 at $1,962.60 and October crude oil is up $0.09 at
$41.06. On China's Dalian Exchange, soybeans, corn and soybean meal are all
trading higher. November palm oil is trading up 3.0% Friday near its highest
spot prices in 2020.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN