NEWS
DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Thu Jul 25, 2013 11:16 AM CDT
General Comments

The U.S. stock market is lower with the Dow futures off 80. The interest rate products are lower. The dollar index is 27 lower. Energies are mixed. Livestock trade is lower. Precious metals are higher with gold up $8.

CORN

Corn trade is 14 lower on September and 4 lower on December at midday. Commercial firms have dropped basis levels this morning and speculative longs have been liquidation due to losses. There is still a bullish outlook for old crop corn due to the lateness of the crop but that game has changed this week. Those buying cash ...

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