Grain Enthusiasm Tempered by U.S. Dollar Index Rally
Corn futures are higher at 6 a.m. CDT; soybeans higher; wheat higher.
By Darin Newsom DTN Senior Analyst
6:00 a.m. CME Globex: : Corn 2 cents higher, soybeans 6 cents higher, and wheat 2 cents higher.
CME Globex Recap: The key to Monday’s trade in most commodities, including grains, could be how much more the U.S. dollar index rallies. Overnight strength in most markets was trimmed by early Monday morning due to the extended move in the greenback ahead of Wednesday’s release of the Fed’s minutes from its June meeting.
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http://sweetfutures.com/2013/dtn-morning-comments-on-grains-23/
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