NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed May 22, 2013 11:18 AM CDT
General Comments

The U.S. stock markets are lower with the Dow down 18. The interest rate products are flat to lower. The dollar index is 51 lower. Energies are lower with crude down $0.80. Livestock trade is mixed with strength in cattle. Precious metals are mixed with gold up 14.

CORN

Corn trade is 3 to 5 higher on old crop, and flat on new crop with continued strength in the front months. Outside markets are neutral to a little friendly so far. July futures continue to have upside resistance at $6.82, the 100-day moving average, the $7.11 the 200-day. ...

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