Monday, July 29, 2013

DTN Morning Comments on Grains

Grains Start Week Lower Again

Corn futures are lower at 6 a.m. CDT; soybeans lower; wheat lower.
By Darin Newsom DTN Senior Analyst
6:00 a.m. CME Globex: Corn 1 cent lower, soybeans 10 cents lower (November), and wheat 1/4 cent lower.
CME Globex Recap: Grains were lower again early Monday morning, led by the soybean market. Commercial pressure continues to push bean contracts down, with the new-crop November posting a double-digit loss. Outside commodities were mostly higher, supported by the downtrend in the U.S. dollar index. Dow Jones Industrial Average futures were lower also lower.

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http://sweetfutures.com/2013/dtn-morning-comments-on-grains-31/ 


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