DTN Early Word Grains 11/24 05:56
Paint it Black
Due to the holiday the grain and oilseed complex was closed overnight.
Markets will open at 8:30 am (CT).
By Darin Newsom
DTN Senior Analyst
6:00 a.m. CME Globex: Due to the holiday the grain and oilseed complex was
closed overnight. Markets will open at 8:30 am (CT).
CME Globex Recap: The grain and oilseed complex was closed overnight due to
the U.S. Thanksgiving holiday. However, other markets were open and trading,
with rallies in Canadian canola and Malaysian palm oil hinting at a stronger
Chicago bean oil, and possibly soybean, market Friday. Energies were mixed as
the U.S. dollar index gained back only a small part of Wednesday's sharp
OUTSIDE MARKETS: The Dow Jones Industrial Average closed 64.65 points (0.3%)
lower at 23,526.18, the NASDAQ Composite gained 4.88 points (0.1%) to 6,867.36,
and the S&P 500 dipped 1.95 points (0.1%) to 2,597.08 Tuesday. DJIA futures
were 36 points higher early Friday morning. Asian markets were mixed with
Japan's Nikkei 225 down 1.69 points, Hong Kong's Hang Seng gaining 96.17 points
(0.3%), and China's Shanghai Composite off 19.64 points (0.6%). European
markets were trading mostly lower with London's FTSE 100 down 1.78 points,
Germany's DAX down 6.49 points, and France's CAC 40 up 26.78 points (0.5%). The
euro was 0.0008 higher at 1.1858 while the U.S. dollar index gained 0.02 to
93.14. December 30-year T-Bonds were 8/32 lower at 154'08 while December gold
lost $0.90 to $1,291.30. Crude oil was $0.39 higher at $58.41 while Brent crude
fell $0.21 to $63.34. Malaysian palm oil futures were higher overnight.
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