NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Mon Dec 3, 2012 08:34 AM CST

8:30 a.m. CME Globex:Corn 10 higher, Soybeans 17 higher, Wheat 12 1/2 higher. An optimistic macroeconomic mood seems to have gripped investors at the start of the week, and the resulting buying activity has led the soybean chart to establish a new 3-week high.

Other Markets:

Dow Jones: Higher
U.S. Dollar Index: Lower
Gold: Higher
Crude Oil: Higher

Corn:The markets seem to have fallen into their old 'risk-on, risk-off' pattern again, with most risk-seeking assets (e.g. commodities, stock futures) experiencing optimistic buying Monday morning. The U.S. dollar, a traditional haven from risk, is notably lower and even passed through the ...

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