NEWS
Darin Newsom DTN Senior Analyst
Mon Apr 7, 2014 09:47 AM CDT

OMAHA (DTN) -- The grain markets are drifting lower in quiet trade, with only old-crop soybeans holding above unchanged. Corn has set a new low with May down 5 cents and December down 4 3/4 cents. Light pressure from both commercial and noncommercial traders has been noted. Low volume in wheat has allowed for wider price swings, with contracts trading unchanged to 1 cent lower mid-morning. Much of the activity seems to be coming from noncommercial traders. Old-crop soybeans are quietly higher, up about 2 cents on light noncommercial interest. If this group moves to the sidelines it could open ...

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