MARKETS NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Fri Dec 28, 2012 08:43 AM CST

8:30 a.m. CME Globex:: Corn unchanged, Soybeans 3 1/4 higher, Wheat 7 3/4 higher. It doesn't take much buying interest amid otherwise light volume to get wheat futures leading the grain sector higher Friday morning. More alarming influences could take shape next week.

Other Markets:

Dow Jones: Lower
U.S. Dollar Index: Higher
Gold: Lower
Crude Oil: Higher

Corn:There is a litany of potential economic disasters looming over the grain markets Friday: 1) It looks increasingly likely that the U.S. government's budget is going to topple over the proverbial cliff; 2) It looks increasingly likely that U.S. ports will have to ...

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