MARKETS NEWS
DTN Early Word Grains
Darin Newsom DTN Senior Analyst
Mon May 13, 2013 05:57 AM CDT
6:00 a.m. CME Globex:

Corn 2 cents higher (July), soybeans 2 cents higher (July), and wheat 1 cent higher (July).

CME Globex Recap:

The Japanese yen continues to weaken following the latest round of economic easing out of Tokyo. This sparked renewed buying in the Nikkei that spilled over into other Asian stocks, with additional buying tied to more bullish economic signals out of China. All of this led to continued support in the U.S. dollar index and renewed pressure in outside commodities including gold and crude oil. Grains started the overnight session lower, but stabilized in low volume trade.

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