Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         07/15 05:48
   Grain Markets Lower on Weather, Momentum Selling

   December corn is down 5 1/4 cents per bushel, November soybeans are down 16
1/2 cents, September KC wheat is down 14 cents, September Chicago wheat is down
15 1/2 cents and September Minneapolis wheat is down 7 cents.

Kent Beadle, DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 5 1/4 cents per
bushel, November soybeans are down 16 1/2 cents, September KC wheat is down 14
cents, September Chicago wheat is down 15 1/2 cents and September Minneapolis
wheat is down 7 cents.

   CME GLOBEX RECAP: World equity markets are mixed, with European markets
lower while the U.S. market is trading higher in the aftermath of the
assassination attempt on former President Trump. This very unexpected
development has traders focusing on the outcome of the election and what the
impact of the election results will be on the economy.

   We will have several new pieces of data to look at this week. Monday is the
Empire State manufacturing Survey. Tuesday brings retail sales, import prices,
business inventories, and home builder confidence. Wednesday is housing starts,
building permits, industrial production, and capacity utilization. Finally,
Thursday brings initial jobless claims, the Philadelphia Fed manufacturing
survey, and U.S. leading economic indicators.

   OUTSIDE MARKETS: Previous closes Friday showed the Dow Jones Industrial
Average up 247.15 at 40,000.90 and the S&P 500 up 30.81 at 5,615.35. The
10-Year Treasury yield ended at 4.19%. Early Monday, the September Dow Jones
Futures are up 217 points. European markets are lower with the spot futures of
London's FTSE 100 trading down 0.26%, spot futures of Germany's DAX is trading
down 0.3% and the spot futures of France's CAC 40 Index down 0.42%. Asian
markets are mixed with Japan's Nikkei 225 Index down 2.45% and China's Shanghai
Composite Index up 0.09%.
No other Daily email offers as much useful Ag information as DTN Snapshot – Sign up Free today!
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN