NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed Dec 5, 2012 11:42 AM CST
General Comments

The U.S. stock market indices are flat to higher with Dow up 90. The interest rate products are lower. The dollar index is 15 higher. Energies are lower with crude down $0.20. Livestock trade is mostly higher. Precious metals are mixed with gold down $4.

CORN

Corn trade is 3 to 6 higher this morning with generally supportive outside markets. March contract chart support is at $7.54 and $7.45, and resistance remaining in the $7.65-70 range. We have tested resistance and support this week, but overall the trade acts as if it wants to stay sideways in the ...

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