NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Tue Dec 4, 2012 08:33 AM CST

8:30 a.m. CME Globex:Corn 1/2 lower, Soybeans 2 lower, Wheat unchanged. The grain markets aren’t extending their recent rallies Tuesday morning, especially as weaker outside markets drag them into lightly negative territory.

Other Markets:

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

Corn:Overnight, some gains were noted in the grain futures markets, but as the morning wears on, losses in other markets (especially crude oil) are dragging corn and the rest of the sector lightly lower. The December contract, which will expire next Friday, rallied 52 3/4 cents between the 13th and the 28th of November, ...

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