Friday, April 19, 2013

DTN Morning Comments on Grains

Grains Lower Early Friday

Corn futures are lower, soybeans lower, and wheat lower at 6 a.m. CDT.

By Darin Newsom DTN Senior Analyst
6:00 a.m. CME Globex: Corn 1 cent lower (July), soybeans 1 cent lower (July), and wheat 5 cents lower (July).
CME Globex Recap: Grains were trading near overnight session lows early Friday morning despite possible support from bullish outside markets. The U.S. dollar index was down while Dow Jones Industrial Average futures and most other commodities rallied. The biggest surprise in grains may be in the winter wheat markets as early morning temperatures are below freezing as far south as the Texas Panhandle once again.

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http://sweetfutures.com/2013/dtn-morning-comments-on-grains-4/

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