NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu Jun 20, 2013 11:16 AM CDT
General Comments

The U.S. stock market indices are lower with the Dow futures off 220. The interest rate products are lower. The dollar index is 60 higher. Energies are lower with crude off $2.80. Livestock trade is lower. Precious metals are sharply lower with gold off $81.

CORN

Corn trade is 6 lower on July, 13 lower on September and 11 lower on December at midday. The Fed news has been positive for the dollar and negative for commodity futures this morning. The market bears argue the trade Wednesday was overdone to the upside and mostly a chart short-covering event. ...

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