NEWS
DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Fri May 24, 2013 08:19 AM CDT

Morning CME Globex Update:July corn is down 2 3/4 cents, July soybeans are down 8 cents, and July Chicago wheat is up 2 3/4 cents. Increased talk of U.S. companies possibly importing soybeans from South America has July soybeans on edge and overnight trading in July soybeans saw a continuation of Thursday's volatile activity. The Corn Belt is clear for planting on Friday with light rain expected to give temporary help to dry soil conditions in northern Texas and western Kansas later on Friday. U.S. durable goods orders were up 3.3% in April, more than expected.

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