DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed Jan 23, 2013 11:52 AM CST
General Comments

The U.S. stock market indices are higher at midday with the Dow futures up 56. The interest rate products are lower. The dollar index is 6 higher. Energies are mixed with crude down $.20. Livestock trade is lower. Precious metals are mixed with gold down $7.


Corn trade is flat to 2 lower in slow trade at midday. Outside markets are generally quiet as well. The March chart technicals continue to have good resistance at $7.30, $7.35 and then $7.39; support is at $7.22 then $7.07. Trade continues to stay between $7.22 and $7.35. December new crop ...

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