DTN Midday Grain Comments
David M. Fiala DTN Contributing Analyst
Fri Dec 20, 2013 11:19 AM CST
General Comments

The U.S. stock markets are higher with the Dow futures up 80. The interest rate products are mixed. The dollar index is 11 lower. Energies are mixed with crude down 0.15. Livestock trade is higher. Precious metals are higher with gold up $10.


Corn trade is flat to a penny higher in quiet midday trade. Outside markets are mostly neutral to slightly friendly this morning. On the chart the March 20-day moving average at $4.30 is chart resistance, which we are just above, then around $4.40. Support is at $4.18 1/2 then $4.11 trendline support. Ethanol margins ...

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