FARM BUSINESS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu Jun 12, 2014 11:05 AM CDT
General Comments

The U.S. stock market indices are lower with the Dow futures down 40. The interest rate products are lower. The dollar index is 14 lower. Energies are sharply higher with crude $1.50 higher. Livestock trade is higher. Precious metals are mixed with gold up $12.

CORN

Corn trade is flat to 3 cents lower at midday. Ethanol prices have been pressured but the margins are still good, and the strength in crude oil should support blender margins. Basis has firmed slightly this week. Export sales were OK at 409,700 metric tons of old crop and 105,500 metric tons ...

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