NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Fri Mar 8, 2013 11:39 AM CST
General Comments

The U.S. stock market are higher at midday with the Dow 45 higher. The interest rate products are lower. The dollar index is 67 points higher; this is negative for commodities. Energies are mixed, with crude down 35 cents. Livestock trade is lower. Precious metals are mixed.

CORN

Corn trade is mixed after the USDA report release. We initially spiked due to no change on the domestic carryover, but lower soybean trade is pulling on corn. The USDA Monthly World Agricultural Supply and Demands Estimates provide a steady U.S. carryover at 632 million bushels, albeit there were some ...

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