Grains Mixed In Quiet Overnight Trade
Corn futures are lower, soybeans higher and wheat lower at 6 a.m. CDT.By Todd Hultman DTN Analyst
6:00 a.m. CME Globex: December corn 2 cents lower, November soybeans 1 1/4 cents higher, and July wheat 1 1/2 cents lower.
CME Globex Recap: Grains are mixed early Wednesday after quiet trading overnight. The latest seven-day forecast expects 1 1/2 to 2 1/2 inches of rain over Iowa, Minnesota, and Wisconsin starting Thursday, not good news for producers waiting to plant soybeans. Crude oil and gold are steady to higher with EIA crude oil inventory data at 9:30 a.m. CDT and Wednesday’s Federal Reserve statement at 1 p.m.
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http://sweetfutures.com/2013/dtn-morning-comments-on-grains-20/
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