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DTN Early Word Grains 04/29 05:49
Grain Markets Mixed on Planting Progress, With Wheat Rebounding Off Contract
Lows
July corn is down 1 3/4 cents per bushel, July soybeans are down 3 cents,
July KC wheat is up 1 1/4 cents, July Chicago wheat is up 2 3/4 cents and July
Minneapolis wheat is up 2 3/4 cents.
Kent Beadle, DTN Contributing Analyst
EARLY MORNING GLOBEX NET CHANGES: July corn is down 1 3/4 cents per bushel,
July soybeans are down 3 cents, July KC wheat is up 1 1/4 cents, July Chicago
wheat is up 2 3/4 cents and July Minneapolis wheat is up 2 3/4 cents.
CME GLOBEX RECAP: World equity markets are mixed after Monday's session
which continued a streak of gains tied to optimism regarding the progress of
trade deals that are currently under negotiation. However, U.S. markets are
still lower for the month of April and are currently in line to close lower for
the third consecutive month. Tuesday morning, we get the first day of new
economic data with retail and wholesale inventories, the Case-Shiller home
price index, consumer confidence, and the job openings (JOLT) report.
OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial
Average up 114.09 at 40,227.59 and the S&P 500 up 3.54 at 5,528.75. The 10-Year
Treasury yield ended at 4.216%. Early Tuesday, the June Dow Jones Futures are
up 188 points. European markets are mixed with the spot futures of London's
FTSE 100 trading up 0.12%, spot futures of Germany's DAX are trading up 0.77%
and the spot futures of France's CAC 40 Index down 0.08%. Asian markets are
mixed with Japan's Nikkei 225 Index is steady and China's Shanghai Composite
Index down 0.05%.
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