Thursday, May 9, 2013

DTN Morning Comments on Grains

Grains Quietly Higher Early Thursday

Corn futures are higher, 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 higher (July), soybeans 4 cents higher (July), and wheat 1 cent higher (July).
CME Globex Recap: Grains posted narrow trading ranges during the overnight session with corn holding within four cents, wheat six cents, and soybeans eight cents. Trade was quiet, with little news to spark trading interest ahead of Friday’s USDA reports. Outside commodities were mostly lower, with pressure also seen in the U.S. dollar index and Dow Jones Industrial Average futures.

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http://sweetfutures.com/2013/dtn-morning-comments-on-grains-12/

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