NEWS
DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Wed Jun 12, 2013 08:12 AM CDT

Morning CME Globex Update:July corn is down 2 1/4 cents, July soybeans are up 3 1/4 cents, and July Chicago wheat is down 4 1/2 cents. December corn is steady to lower with expectations that USDA's U.S. corn ending stocks estimate will still show significant increase for 2013-2014 in spite of this year's planting problems. July wheat is trading lower after Dow Jones Newswires reported that ABARE raised its estimate for Australia's wheat production 2% to 25.4 million tons. July soybeans are steady to higher, with ongoing support from tight supplies of old-crop soybeans.

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Dow Jones: Higher
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