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DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Tue Jan 7, 2014 08:10 AM CST

Morning CME Globex Update:March corn is up 1/4 cent, March soybeans are down 4 1/4 cents, and March Chicago wheat is down 2 cents. At 8 a.m., USDA announced that China bought 350,000 tons (12.9 mb) of U.S. soybeans. Before the announcement, soybeans and wheat were lower in overnight trading, showing caution ahead of Friday's USDA reports. Corn is slightly higher, helped by persistent strength in ethanol prices.

Other Markets:

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

Corn:March corn is steady early Tuesday, holding on to Monday's gain, but staying cautious ahead of Friday's WASDE ...

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