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DTN Early Word Grains 09/12 05:43
Crop Prices Higher as Hurricane Francine Moves Inland
December corn was up 3 1/2 cents, November soybeans were up 6 cents and
December KC wheat was up 7 cents.
Todd Hultman
DTN Lead Analyst
EARLY MORNING GLOBEX NET CHANGES: December corn was up 3 1/2 cents, November
soybeans were up 6 cents and December KC wheat was up 7 cents.
CME GLOBEX RECAP: USDA's weekly export sales report is due out at 7:30 a.m.
CDT Thursday, the same time as weekly U.S. jobless claims, the producer price
index for August and the weekly U.S. Drought Monitor. The Energy Department's
weekly report of natural gas storage is at 9:30 a.m., USDA's WASDE report is at
11 a.m., followed by a report on the August federal budget at 1 p.m.
OUTSIDE MARKETS: Previous closes Wednesday showed the Dow Jones Industrial
Average up 124.75 at 40,861.71 and the S&P 500 Index up 58.61 at 5,554.13. The
10-Year Treasury yield ended at 3.65%. Early Thursday, September Dow Jones
futures are up 64 points. European markets are higher with the spot futures of
the London FTSE 100 trading up 0.78%, spot futures of Germany's DAX trading up
1.38% and spot futures of France's CAC Index trading up 0.93%. Asian markets
are mostly higher with Japan's Nikkei 225 index up 3.41% and China's Shanghai
Composite Index down 0.17%.
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