NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Thu Jan 31, 2013 08:33 AM CST

8:30 a.m. CME Globex:Corn 2 3/4 lower, Soybeans 11 lower, Wheat 5 lower. Corn futures experienced higher prices overnight, but are slipping Thursday morning alongside soybeans' double-digit dip and the energy market's tumble.

Other Market:

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

Corn:Even after gaining more than a dime Wednesday, the nearby corn market apparently struggled to find willing sellers of physical corn, because basis traders were forced to strengthen their bids yet again. The average nearby cash price in the country Wednesday was $7.39 (the DTN National Corn Index), which means the national average ...

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