FARM BUSINESS NEWS
DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Fri Nov 1, 2013 08:14 AM CDT

Morning CME Globex Update:December corn is down 1 1/2 cents, January soybeans are down 4 1/2 cents, and December Chicago wheat is down 2 3/4 cents. At 8 a.m., USDA announced that China bought 115,000 tons of U.S. soybeans and 33,000 tons of soybean oil were sold to unknown destinations. Corn and soybeans are lower early Friday with clear weather across the Midwest helping harvest to resume where fields are dry enough. Wheat is also trading lower, pressured by this week's rain and another higher start for the U.S. dollar.

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