FARM BUSINESS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu Aug 28, 2014 11:07 AM CDT
General Comments

The U.S. stock market indices are lower with the Dow down 55. The interest rate products are lower. The dollar index is 10 higher. Energies are mixed with crude up 50. Livestock trade is mixed. Precious metals are mixed with gold up $8.

CORN

Corn trade is 2 to 4 cents higher at midday with support from sharply higher wheat and extensive rainfall raising some flooding/quality concerns. The daily range has only been a nickel, so action is slow for corn. Ethanol margins remain strong in the near term, with good consumptive interest ahead of the holiday weekend. ...

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