DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Tue May 7, 2013 11:21 AM CDT
General Comments

The U.S. stock markets are narrowly mixed. The Interest rate products are flat to lower. The dollar index is slightly lower. Energies are lower with crude down 0.65. Livestock trade is mixed. Precious metals are lower with gold off $18.


Corn trade is 2 higher on July to 5 lower on December at midday with bull spreading the main feature. Outside markets are fairly neutral and the planting progress argument was friendly but weather this week viewed as negative. Planting progress yesterday afternoon was slower than expected at 12% complete. This is well below the 69% a ...

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