NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Tue Jan 22, 2013 08:45 AM CST

8:30 a.m. CME Globex:Corn 5 1/2 higher, Soybeans 16 higher, Wheat 5 1/4 higher. After the MLK Jr. trading holiday, soybeans are continuing their rally with double digit gains, and the grains are also higher.

Other Market:

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

Corn:

The grain markets had a three-day weekend to absorb the impacts of last week's developments. After the corn market experienced heavy speculative selling pressure at the end of last year, and then uncertainty about demand at the start of this year, nearby cash corn has changed its trend, and prices ...

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