FARM BUSINESS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Fri Jun 27, 2014 11:14 AM CDT
General Comments

Wheat is seeing some short profit-taking at midday; beans long profit-taking. Both are giving us some double-digit net changes at midday.

CORN

Corn futures are 1 to 2 cents higher at midday with some spillover support from wheat's light, short profit-taking. The outside markets are neutral to slightly positive. Trade this week as been range-bound around our lows noted as position-squaring ahead of the big USDA numbers on Monday. The weather forecast remains good overall with any problems confined to relatively small areas mostly due to heavy rain. The trade estimate ahead of the USDA June Planting Intentions ...

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