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DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Wed Jul 3, 2013 08:30 AM CDT

Morning CME Globex Update:Grains are trading higher Wednesday morning signaling bargain hunting at the lower price levels after Friday's bearish USDA acreage estimates. September Chicago is trading higher, helped by news that China purchased 360,000 tons of U.S. soft red winter wheat for 2013-2014. July soybeans now in delivery continue to push higher on low levels of available physical soybeans. CBOT grains close at noon CDT on Wednesday, ahead of the July 4th holiday.

Other Markets:

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

Corn:December corn is higher Wednesday morning with unconfirmed talk that China may ...

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