Published on 05-14-2013
Grains Mixed Early Tuesday
Corn futures are lower, soybeans higher, and wheat higher at 6 a.m. CDT. By Darin Newsom DTN Senior Analyst
6:00 a.m. CME Globex: Corn 1/2 cent lower (July), soybeans 5 cents higher (July), and wheat 1 cent higher (July).
CME Globex Recap: Soybeans extended Monday’s rally overnight, trading within striking distance of session highs early Tuesday morning. Corn and wheat contracts moved higher early on follow-through buying from Monday before sliding lower. Outside markets stabilized with energies mixed and metals lower. The U.S. dollar index was posting a small loss while Dow Jones Industrial Average futures were lower once again.
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