Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         06/18 05:49
   Grain Markets Mixed, With Some Support From Declining Crop Condition Ratings
in Corn, Soybeans

   July corn is up 2 3/4 cents per bushel, July soybeans are up 3 3/4 cents,
July KC wheat is down 2 cents, July Chicago wheat is down 5 3/4 cents and
September Minneapolis wheat is steady.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: July corn is up 2 3/4 cents per bushel,
July soybeans are up 3 3/4 cents, July KC wheat is down 2 cents, July Chicago
wheat is down 5 3/4 cents and September Minneapolis wheat is steady.

   CME GLOBEX RECAP: World equity markets mostly higher Tuesday morning as
Monday's U.S. trade closed firm with both the Dow and the NASDAQ closing at new
lifetime highs. Traders remain encouraged by generally "ok" corporate earnings,
and a sense that all in all, the Fed may have pulled off a "soft landing"
despite the "higher for longer" attitude currently held by the Fed. Monday's
Empire State manufacturing survey showed the index down 6.0 points, better than
last month's -15.6 points and better than trade estimates. A negative number
that is "better than expected" is the kind of number that could help get the
Fed to make the move to lower interest rates sooner.

   OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average up 188.94 at 38,778.10 and the S&P 500 up 41.63 at 5,473.23, The
10-Year Treasury yield ended at 4.28%. Early Tuesday, the June Dow Jones
Futures are down 12 points. European markets are higher with the spot futures
of London's FTSE 100 trading up 0.37%, spot futures of Germany's DAX is trading
up 0.25% and the spot futures of France's CAC 40 Index up 0.34%. Asian markets
are higher with Japan's Nikkei 225 Index up 1% and China's Shanghai Composite
Index up 0.48%.
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