NEWS
DTN Before The Bell Grain Comments
Elaine Kub Contributing Analyst
Wed Dec 11, 2013 07:54 AM CST

Morning CME Globex Update:Corn unchanged, Soybeans 1 1/2 higher, Wheat 1 1/4 lower. Bearish numbers in the USDA's World Agricultural Supply and Demand Estimates for wheat Tuesday led to dramatic futures price falls in the grains sector. By Wednesday morning, however, the corn and soybeans markets have stabilized and are quietly trading within their previous price ranges.

Other Markets:

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

Corn:USDA's projections for feed grains to be imported from Canada in the 2013/14 marketing year -- including both corn and especially wheat from their abundant spring wheat harvest -- ...

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