Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         05/14 05:53
   Grain Markets Mixed; Soybeans Remain the Leader While Corn Struggles

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

Kent Beadle, DTN Contributing Analyst

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

   CME GLOBEX RECAP: World equity markets are mixed after a two-sided session
Tuesday saw the CPI data result in interest rate markets remove another rate
cut from the outlook. The first rate cut is now forecast to come in September
based on current futures markets. Inflation still remains somewhat sticky.
Support came from a bounce in tech futures due to deals announced in the Middle
East for the chip sector.

   OUTSIDE MARKETS: Previous close Tuesday showed the Dow Jones Industrial
Average down 269.67 at 42,140.43 and the S&P 500 up 42.36 at 5,886.55, The
10-Year Treasury yield ended at 4.499%. Early Wednesday, the June Dow Jones
Futures are down 16 points. European markets are lower with the spot futures of
London's FTSE 100 trading down 0.09%, spot futures of Germany's DAX are trading
down 0.57% and the spot futures of France's CAC 40 Index down 0.71%. Asian
markets are mixed with Japan's Nikkei 225 Index down 0.14% and China's Shanghai
Composite Index up 0.86%.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN