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DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Tue May 7, 2013 08:17 AM CDT

Morning CME Globex Update: July corn is up 1/2 cent, July soybeans up 6 1/4 cents, and July Chicago wheat is up 3 1/4 cents. The central U.S. is dry on Tuesday, except for light rains from central Nebraska to western Oklahoma. The bulk of this week's precipitation is seen going to Colorado and Kansas and that should bring some temporary help to the winter wheat crop. Overnight, the Reserve Bank of Australia reduced its official cash rate from 3.00% to 2.75%. The move was due to slower growth in Australia and is also a possible indication of slower growth ...

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