DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Mon Apr 8, 2013 11:05 AM CDT
General Comments

The U.S. stock markets are lower with the Dow futures down 30 points. The interest rate products are lower. The dollar index is 23 higher. Energies are flat to higher. Livestock trade is mostly higher. Precious metals are lower with gold off $8.


Corn trade is 4 lower on new crop to 3 higher on May at midday. The bull spreading is starting to survace due to the still tight old crop situation. July had been trading $1.50 over December in late March and slipped to 80 cents over late last week. The charts remain pretty oversold, ...

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