MARKETS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu May 9, 2013 11:18 AM CDT
General Comments

The U.S. stock markets are narrowly mixed. The Interest rate products are flat to higher. The dollar index is 30 higher. Energies are lowr with crude down $0.90. Livestock trade is mixed. Precious metals are lower with gold down $7.

CORN

Corn trade was down over a nickel overnight but at middya we are near the daily highs with July up a dime and December up 6. Trade is staying within our recent trading ranges. The action illustrates position squaring. The weather forecast has trended back a bit wetter in the extended model, potentially limiting progress again after ...

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