Monday, April 1, 2013

Midday Comments on Grains

All Grains Down at Midday


Corn is down over 40 cents at midday with follow-through bearishness
following the larger-than-expected Quarterly Stocks Reports last Thursday.

By David Fiala
DTN Contributing Analyst

General Comments

The U.S. stock markets are slightly lower with the Dow futures off 23
points. The interest rate products are higher. The dollar index is 60 lower.
Energies are lower with crude down $0.70. Livestock trade is mixed with feeders
firm, but hogs and live cattle mostly lower. Precious metals mixed.


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Information herein has been obtained and prepared from sources believed to be reliable; however no guarantee to its accuracy is made. Comments contained in these materials are not intended to be a solicitation to buy or sell any of the commodities mentioned. Past performance is not indicative of future performance results. Opinions expressed herein are the options of the author only and not the opinion of any firm the author may be affiliated or associated with