Published on 04-11-2013
Freezing Temps Push Wheat Higher Thursday
Corn futures are higher, soybeans lower, and KC wheat higher at 6 a.m. CDT.By Darin Newsom DTN Senior Analyst
6:00 a.m. CME Globex: Corn 5 cents higher, soybeans 5 cents lower, and KC wheat 8 cents higher.
CME Globex Recap: Freezing temperatures were registered over much of the Southern Plains again overnight, sparking renewed buying in HRW wheat. Old-crop corn was also able to rally, while soybeans continued to struggle. Outside markets were mixed, though a lower U.S. dollar index could provide support to commodities, including grains, as the morning progresses.
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http://sweetfutures.com/2013/dtn-early-word-comments-on-grains-2/
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