FARM BUSINESS NEWS
DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Wed Aug 21, 2013 08:20 AM CDT

Morning CME Globex Update: December corn is up 6 1/4 cents, November soybeans are up 23 1/2 cents, and December Chicago wheat is up 5 1/4 cents. Grains are trading higher early Wednesday with ongoing concerns about dry conditions throughout the Corn Belt supporting prices. Conditions will be very warm to hot and dry Wednesday with light showers across the Midwest in the next few days providing limited benefit to corn and soybeans. Tuesday's Pro Farmer Crop Tour confirmed corn and soybean yields near USDA estimates in Indiana, but found lower yield estimates than USDA expects for Nebraska.

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