FARM BUSINESS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Mon Oct 7, 2013 11:15 AM CDT
General Comments

The U.S. stock markets are lower with the Dow futures down 65. The interest rate products are higher. The dollar index is 15 lower. Energies are mixed with crude down $0.40. Livestock trade is mildly lower. Precious metals are higher with gold up $11.

CORN

Corn trade is 2 to 3 higher in slow trade at midday. The trade has moved to the highest level since the bearish stocks report last Monday. Outside markets are fairly neutral. Support on the December chart is $4.35 then $4.25, with resistance at $4.53, the 20-day moving average. The recent storms will ...

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