NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu Apr 25, 2013 11:21 AM CDT
General Comments

The U.S. stock markets are higher with the DOW futures up 77. The interest rate products are higher. The dollar index has been is 30 lower. Energies are higher with crude up $0.70. Livestock trade is mixed. Precious metals are higher with gold up $30.

CORN

Corn trade is 2 to 4 higher at midday with positive outside markets, and a further shift towards cooler and wetter in the extended forecast. Wheat is also providing some spillover support. December chart support is now at $5, with resistance at the 20-day up at $5.42. We did slip below $4.25, ...

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