MARKETS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Fri Jul 5, 2013 11:07 AM CDT
General Comments

The U.S. stock market indices are flat to higher with the Dow futures 20 higher. The interest rate products are higher. The dollar index is 114 higher. Energies are higher with crude up $1.50. Livestock trade is mixed. Precious metals are lower with gold down $35.

CORN

Corn trade is 3 to 8 lower with pressure from weather and the sharply stronger dollar. We have put in a new low on the December contract, and if trade cannot rally into the close, further liqudation will likely be triggered. The weather forecast looks mostly OK in the near term, ...

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