MARKETS NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Thu Mar 7, 2013 08:33 AM CST

8:30 a.m. CME Globex:Corn 1 lower, Soybeans 4 1/2 higher, Wheat 5 higher. Especially with the impending WASDE report (scheduled for Friday morning), grain traders may worry about continued volatility and be reluctant to stage a big recovery Thursday, even while the U.S. dollar index is pulling back.

Other Market:

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

Corn:Although one of the most notably bearish developments from Wednesday's grain market collapse was how nearby corn contracts' inverted spread was suddenly slashed by 6 cents, some spread trading Thursday morning has intermittently set those relationships back toward ...

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