NEWS
Darin Newsom DTN Senior Analyst
Sun Apr 28, 2013 08:12 PM CDT

OMAHA (DTN) -- Grains have opened the overnight session higher with corn leading the way, posting an initial double-digit rally. Buying has been tied to forecasts calling for cooler, wetter weather later this week. New-crop corn is leading the rally in the opening minutes. Wheat contracts are also higher with Kansas City up about 10 cents. As with corn, concerns over weather are dictating trade. Soybeans are mixed with pressure in the old-crop market tied to weekend headlines talking of the spread of bird flu in China. The new-crop market tried to rally early but quickly gave back its gains.

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