DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Fri Feb 15, 2013 08:40 AM CST

8:30 a.m. CME Globex:Corn 7 1/4 higher, Soybeans 5 1/2 higher, Wheat 8 1/2 higher.Traders with previous short positions may simply be closing them out at a profit before the three-day weekend, but whatever the reason for Friday's gains in corn, soybeans and wheat, they're serving to pull these markets up from their lower trends.

Other Market:

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

Corn:Corn prices are experiencing a not-insignificant bounce Friday morning. The March contract is trading back above the $7 level as traders recognize that the historical scarcity of corn after 2012's poor ...

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