DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Fri May 24, 2013 11:11 AM CDT
General Comments

The U.S. stock markets are lower with the Dow futures down 75 points. The interest rate products are higher. The dollar index is 14 lower. Energies are lower with crude down $0.80. Livestock trade is mixed. Precious metals are lower with gold off $5.


Corn trade is 1 to 3 lower on old crop and 4 to 6 lower on new-crop forward contracts at midday. Position squaring ahead of the weekend has longs easing off new-crop length, and shorts easing out of old crop. We have two and a half weeks yet before we see the June ...

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