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DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Fri Jul 5, 2013 08:13 AM CDT

Morning CME Globex Update:Grain prices are set to open at 8:30 a.m. CDT after Thursday's July 4th holiday. Grain prices may come under pressure on Friday with the U.S. dollar trading higher after the European Central Bank suggested more monetary easing ahead. There were several developments in wheat since Wednesday, including a USDA attaché report giving China a lower wheat production estimate and news on Friday morning that South Korea has ended its ban of U.S. white wheat. USDA's report of last week's export sales was bullish for soybeans and wheat.

Other Markets:

Dow Jones: Higher
U.S. Dollar Index: Higher
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