NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Wed Aug 28, 2013 07:58 AM CDT

Morning CME Globex Update: Corn 3 1/2 lower, Soybeans 4 3/4 lower, Wheat 4 1/4 lower. The grain markets have plenty of their own issues to drive trade this week -- including harmful weather and pre-holiday profit-taking -- so they are mostly insensitive to the macroeconomic volatility occurring in outside markets.

Other Markets:

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

Corn:Grain trade has started with a fairly quiet tone again Wednesday, and although some higher movement was noted overnight, the main order of the day seems to be subtle liquidation, which is to be expected ...

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