NEWS
DTN Before The Bell Grain Comments
Todd Hultman DTN Grains Analyst
Fri Sep 13, 2013 08:18 AM CDT

Morning CME Globex Update: December corn is down 1 3/4 cents, November soybeans are up 1 3/4 cents, and December Chicago wheat is down 4 cents. Grains are mixed early Friday, still responding to Thursday's new USDA estimates. Higher U.S. corn production and world ending stocks estimates for wheat are keeping corn and wheat prices lower while the very bullish estimate of 150 million bushels of U.S. ending soybean stocks are supporting higher soybean prices. In spite of some flooding, this week's rain in Colorado, western Kansas, and Nebraska is helping winter wheat planting conditions.

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