FARM BUSINESS NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Wed Feb 12, 2014 08:03 AM CST

Morning CME Globex Update:Corn 1 3/4 lower; Soybeans 5 1/4 lower; Wheat 1 1/4 lower. Outside markets are pressuring corn, soybean, and wheat prices lower Wednesday morning, but the losses are too light to change the generally bullish short-term trends these markets have recently experienced.

Other Markets:

Dow Jones: Lower
U.S. Dollar Index: Higher
Gold: Higher
Crude Oil: Higher

Corn: After a comfortingly uneventful congressional hearing with the new chairman of the Federal Reserve Bank, Janet Yellen, U.S. markets seem to have the confidence to stabilize. As investment money stays where it already is or flows into the stock market, ...

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