NEWS
DTN Plains & Prairies Opening Comments
Cliff Jamieson Canadian Grains Analyst
Thu Aug 22, 2013 08:05 AM CDT

Market Summary: Corn is trading 3 1/2 cents lower (Dec), MGEX wheat is 3 1/2 lower (Dec), soybeans are 17 1/2 cents lower (Nov) while canola is $2.30/mt lower (Nov). The Canadian dollar is 33 basis points lower.

Outside Markets

Asian stocks closed mixed Thursday, with the Nikkei in Japan down .4%, while in Europe, trade is higher. China's Purchase Manager's Index was announced at a 4-month high in August at 50.1, which represents an expanding economy. Canada's TSX closed at 12,573.08 Wednesday, down 97.03. In overnight trade, Dow futures are up 42 points, which should lead to a firm ...

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