DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Tue Feb 19, 2013 11:50 AM CST
General Comments

The U.S. stock market indices are higher with the Dow up 50. The interest rate products are flat. The dollar index is 14 lower. Energies are lower with crude down $0.10. Livestock trade is sharply lower. Precious metals are lower with gold off $6.


Corn trade is 4 to 7 lower at midday with pressure noted from the soft wheat trade and some selling corn versus buying bean activity. The nearby March chart resistance is $7.00, with $7.05 above it, and support at $6.90 then $6.85. Weather as an aggregate is a non-issue for corn at the ...

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