Tuesday, April 23, 2013

DTN Morning Comments on Grains

Grains Lower Again Tuesday


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 3 cents lower (July), soybeans 1 cent lower (July), and wheat 8 cents lower (July).
CME Globex Recap: Grains posted a modest rally early in the CME Globex session until spillover pressure from outside markets pulled most contracts lower by early Tuesday morning. Both energies and metals continue to see general pressure as the U.S. dollar index posted another solid gain overnight. Dow Jones Industrial Average futures were also lower.

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http://sweetfutures.com/2013/dtn-morning-comments-on-grains-6/

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