MARKETS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed May 8, 2013 11:19 AM CDT
General Comments

The U.S. stock markets are mostly flat to higher The interest rate products are flat to lower. The dollar index is slightly lower. Energies are mixed with crude down 105. Livestock trade is mixed. Precious metals are mixed with gold, up $15.

CORN

Corn trade is 8 to 12 lower at midday with renewed selling pressure building. Rain moving through the Corn Belt looks to idle a lot of planters in the near term, but the extended forecast remains more open. On the July chart we have support around our Monday close at the $6.37 20-day moving average ...

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