6:00 a.m. CME Globex:
Corn 2 cents lower, soybeans 7 cents lower, and wheat 1 cent lower.
CME Globex Recap:
Headlines proclaiming a new bailout deal for Cyprus have the U.S. dollar index on the defensive, providing support to most commodities. And then there are the grain markets. Almost as if on schedule, grains were lower again on a Monday morning with soybeans nearing double-digit losses. Why? Outside of it being the start of a new week there is little change in fundamentals.
The Dow Jones Industrial Average closed 90.54 points higher Friday at 14,152.03. The overnight session ...