DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Wed Oct 23, 2013 11:10 AM CDT
General Comments

The U.S. stock markets are lower with the Dow futures down 65. The interest rate products are lower. The dollar index is 4 higher. Energies are lower with crude down $1.30. Livestock trade is mostly higher. Precious metals are lower with gold down $10.


Corn trade is 6 to 8 higher at midday with support from soybeans and wheat, amid slightly negative outside markets. Key December contract support will remain at the recent $4.32 low with resistance in the $4.44 area where we find the 20-day moving average, and we have traded through that area at midday. ...

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