NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Tue Jan 8, 2013 11:55 AM CST
General Comments

The U.S. stock market indices are lower, the Dow futures are down 65. The interest rate products are lower. The dollar index is 12 higher. Energies are mixed. Livestock trade is lower. Precious metals are higher with gold up $12.

CORN

Corn trade is 3 to 6 higher at midday, with the old crop versus the new crop spreads continuing to firm. Trade is into resistance at $6.90 at midday. If it can clear that area this afternoon, the $7.00 area will be the next resistance. South American corn weather remains mostly adequate for the moment, but old ...

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