FARM BUSINESS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu Oct 24, 2013 11:09 AM CDT
General Comments

The U.S. stock markets are higher with the Dow futures up 80. The interest rate products are flat to higher. The dollar index is 3 lower. Energies are lower with crude down $0.50. Livestock trade is mostly higher. Precious metals are mixed with gold up $16.

CORN

Corn trade is 1 to 3 lower in quiet trade at midday, with mildly supportive outside markets. Key December contract support will remain at the recent $4.32 low with resistance around the $4.49 October high. Oil prices are trying to stabilize this morning, and this would help the contracting, albeit still ...

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