MARKETS NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Fri Oct 4, 2013 11:01 AM CDT
General Comments

The U.S. stock markets are higher with the DOW futures up 25. The interest rate products are higher. The dollar index is 15 higher. Energies are mixed with crude up $0.20. Livestock trade is mixed. Precious metals are mixed with gold off $7.

CORN

Corn trade is flat to 2 higher at midday with neutral to slightly negative outside markets. Support on the chart is $4.35 then $4.25, with resistance at $4.47 then $4.54, the 20-day moving average. The recent storms will slow harvest in many areas, potentially pushing additional harvest pressure back into next week. Ethanol margins ...

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